Anik Industries Limited (ANIKINDS.NS)
Anik Industries Limited operates in the Conglomerates industry of the Industrials sector, headquartered in Indore, MP, IN. The stock last traded at $42.69, up 5.10% on the session, giving a market capitalisation of $1.18B. Its beta of 1.52 implies it has historically moved more than the broad market.
Anik Industries Limited, an Indore, India-based company established in 1976, operates across various sectors both within India and internationally. The firm primarily deals in agricultural commodities, edible oils, and coal. Its operations are categorized into segments such as Wind Power, Real Estate, and a broader "Others" division. Within its agri-commodity portfolio, the company trades in products including cotton, oilseeds, grains, pulses, spices, and a range of other agro-based goods. Additionally, Anik Industries supplies integrated ferro alloys for the steel manufacturing industry. It manages wind power facilities situated in Nagda Hills and Dewas, Madhya Pradesh, as well as in Jaisalmer, Rajasthan. The company's real estate endeavors involve the construction and development of housing projects. Furthermore, Anik Industries is engaged in the mining of natural resources, specifically manganese and phosphate rock deposits. The company was previously known as Madhya Pradesh Glychem Industries Limited before officially changing its name to Anik Industries Limited in September 2006.
Anik Industries Limited is most often compared with the following Industrials names: