Prima Industries Limited (PRIMAIN.BO)
Prima Industries Limited operates in the Food Confectioners industry of the Consumer Defensive sector, headquartered in Cochin, KE, IN. The stock last traded at $17.80, up 4.71% on the session, giving a market capitalisation of $192.1M. Its beta of -0.27 implies it has historically moved less than the broad market.
Prima Industries Limited, headquartered in Cochin, India, and established on November 17, 1994, focuses on the solvent extraction process, edible oil refining, and the production of animal feed. The company's operations are organized into two primary segments: Oil Cake Processing and Cattle Feed. Within these segments, it manages three distinct divisions. The Solvent Extraction division is a highly adaptable facility that can process a wide range of oil-bearing materials, including various oil seeds, rice bran, and all types of oil cakes, enabling it to respond effectively to seasonal fluctuations in raw material prices. Its Edible Oil Refinery, located in Kanjikode, Palakkad, is equipped to process diverse oil cakes and refine edible oils. Lastly, the Animal Feed division demonstrates backward integration by consuming a substantial portion of the de-oiled cake generated by the refinery for its own animal feed manufacturing.
Prima Industries Limited is most often compared with the following Consumer Defensive names: