Agarwal Industrial Corporation Limited (AGARIND.NS)
Agarwal Industrial Corporation Limited operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Mumbai, MA, IN. The stock last traded at $484.75, down 2.95% on the session, giving a market capitalisation of $7.25B. Its beta of 0.14 implies it has historically moved less than the broad market.
Agarwal Industrial Corporation Limited (AICL) operates primarily in India, specializing in the production and commercialization of petrochemicals. Its business activities are segmented into petrochemicals, transportation services, and power generation. The company's comprehensive product lineup includes various grades of bitumen—such as paving, industrial, viscosity, crumb rubber modified, and polymer modified—along with bitumen emulsions vital for road construction. Additionally, AICL offers a range of related byproducts and waterproofing materials, including bituminous felts, expansion jointing boards, bitumen-based coatings and paints, insulation materials, and specialized compounds like bitubonds, bituplasts, bituminous blacks, bitukotes, bitupremier, and cable compounds. Beyond manufacturing, the company is involved in transporting bulk bitumen and liquefied petroleum gas (LPG), manages the import and storage of bitumen, and generates electricity through wind power. Established in 1995 and based in Mumbai, India, AICL was previously known as Bombay Baroda Roadways (India) Limited until its rebranding in March 2008.
Agarwal Industrial Corporation Limited is most often compared with the following Basic Materials names: