Apar Industries Limited (APARINDS.BO)
Apar Industries Limited operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Mumbai, MA, IN. The stock last traded at $16786.55, down 2.50% on the session, giving a market capitalisation of $675.39B. Its beta of 0.02 implies it has historically moved less than the broad market.
Apar Industries Limited, an Indian company established in Mumbai in 1958, specializes in electrical and metallurgical engineering. Its diverse product portfolio encompasses a wide array of specialized oils and lubricants, including transformer oils (both naphthenic and iso-paraffinic grades), liquid paraffins utilized across sectors like baby care, medical, cosmetics, food packaging, and plastics, and petroleum jelly for pharmaceutical, dermatological, ophthalmic, battery, and personal care applications. The company also supplies process oils for industries such as rubber, tires, EPDM, TPE, hot melt adhesives, and inks, alongside base oils for metalworking fluids, and a comprehensive range of automotive and industrial lubricants, including specialty automotive products like batteries. Beyond oils, Apar Industries is a key manufacturer of conductors and cables. This segment features CTC/PICC, railway overhead, T&D overhead, and optical ground wire conductors, complemented by aluminum and alloy rods, specialty wires, and copper rods, wires, busbars, and strips, often delivered as turnkey solutions. Their cable offerings include electrical, elastomer, E-beam, light-duty, and fiber optic cables, alongside related specialty products and services. Furthermore, under its Aparprene brand, the company develops advanced polymer compounds such as thermoplastic elastomers, thermoplastic vulcanizates, and zero-halogen flame-retardant materials, offering customized solutions to meet specific client needs. Apar Industries also has a significant international footprint, exporting its products to numerous countries worldwide.
Apar Industries Limited is most often compared with the following Industrials names: