Visaka Industries Limited (VISAKAIND.BO)
Visaka Industries Limited operates in the Construction Materials industry of the Basic Materials sector, headquartered in Secunderabad, TS, IN. The stock last traded at $95.71, up 0.21% on the session, giving a market capitalisation of $8.29B. Its beta of 0.17 implies it has historically moved less than the broad market.
Visaka Industries Limited is a manufacturer and distributor of corrugated cement fiber sheets, catering to both Indian and international clientele. The company's operations are segmented into two core divisions: Building Products and Synthetic Yarn. Under its Building Products segment, Visaka offers an extensive range of cement roofing solutions. These include specialized components like close-fitting and serrated adjustable ridges, apron pieces, cladding and walling options, north light ridges and curves, barge boards, roof lights, and ridge finials. Furthermore, the company manufactures a diverse portfolio of V-Board products—V-Board, V-Premium, V-Designer, V-Plank, V-Infill, and V-Panel—designed for numerous applications. These applications span from internal uses such as wall paneling, drywalls, partitions, false ceilings, mezzanine flooring, kitchen cabinets, and shelving, to external applications including roof underlay, external cladding, sidings, façades, gate cladding, and soffits. Visaka also provides ATUM, an innovative integrated solar roofing system. The Synthetic Yarn division produces various textile products, including air-jet-spun polyester yarns known for their cotton-like texture, as well as mélange, twist, and other specialty yarns. Visaka's building materials are distributed directly to retailers. The company was founded in 1981 and its corporate headquarters are located in Secunderabad, India.
Visaka Industries Limited is most often compared with the following Basic Materials names: