Balaji Amines Limited (BALAMINES.BO)
Balaji Amines Limited operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Hyderabad, TS, IN. The stock last traded at $2129.55, up 1.51% on the session, giving a market capitalisation of $68.80B. Its beta of 0.76 implies it has historically moved less than the broad market.
Established in Solapur, India, in 1988, Balaji Amines Limited functions as a leading Indian manufacturer and distributor of diverse chemical products and operates a hospitality venture. The company's principal activities are categorized into two segments: Chemicals and Hotel. Within its Chemicals division, Balaji Amines produces an extensive range of methylamines and ethylamines (including mono-, di-, and trimethylamine, mono-, di-, and triethylamine, and dimethyl/diethyl amino ethanol), a variety of specialty chemicals (such as N-methyl pyrrolidone, morpholine, and gamma-butyrolactone), and numerous derivatives (like dimethyl acetamide and various amine hydrochlorides). Additionally, it supplies pharma excipients, prominently polyvinyl pyrrolidone. Complementing its chemical business, the company owns and manages the Balaji Sarovar Premiere hotel in Solapur, Maharashtra. Balaji Amines' products are critical inputs for a wide array of sectors, including pharmaceuticals, agrochemicals, paints, resins, animal feed, oil and gas, rubber, textiles, water treatment, food and beverage, and fragrances. While its primary market is India, the company also boasts a substantial export presence, delivering its products globally to regions such as North America, South America, Europe, Asia, Oceania, and Africa, encompassing countries like the United States, the United Kingdom, Canada, Australia, Germany, Italy, Bangladesh, Israel, Egypt, and South Africa.
Balaji Amines Limited is most often compared with the following Basic Materials names: