Anik Industries Ltd. (ANIKINDS)
XNSE XNSE Primary MSE Summary
ANIKINDS Chart
People also search for
Anik Industries Ltd. (ANIKINDS) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Anik Industries Ltd. ever had a stock split?
Anik Industries Ltd. Profile
| Consumer Staples Distribution & Retail Industry | Consumer Staples Sector | - CEO | XNSE Exchange | Y013A1102 CUSIP |
| India Country | 28 Employees | 24 Sep 2010 Last Dividend | - Last Split | - IPO Date |
Overview
Anik Industries Limited, operating out of Indore, India, engages in a diversified set of businesses spanning across various sectors including agri-commodities, edible oils, coal, wind power, real estate, and mining. Initially founded in 1976 as Madhya Pradesh Glychem Industries Limited, the company underwent a name change to Anik Industries Limited in September 2006. It has carved out a significant presence in India by trading in and merchandising a wide range of agricultural commodities and by developing projects across different industry segments such as wind power and real estate, alongside mining for natural resources. Anik Industries is also known for its exports, further extending its market reach beyond national boundaries.
Products and Services
- Agri-Commodities & Edible Oils:
- Integrated Ferro Alloys:
- Wind Power Projects:
- Real Estate & Construction:
- Mining & Natural Resources:
The company trades in a broad assortment of agri-commodities including cotton, oilseeds, grains, pulses, spices, and various agro-based products. It also deals in vanaspati oils, leveraging the agricultural bounty of India to serve local and international markets.
Anik Industries offers integrated ferro alloys crucial in steel-making. This product line showcases the company's venture into the industrial sector, specifically targeting the robust market of steel production.
The company has undertaken wind power projects located in Village Nagda, Dewas in Madhya Pradesh, and Jaisalmer in Rajasthan, marking its entry into the renewable energy sector. These projects underscore Anik Industries’ commitment to sustainable development.
Anik Industries is involved in the construction and development of housing projects and properties, addressing the growing demand for quality residential spaces in India. This aspect of the business covers the planning, development, and sale of real estate.
Besides its primary operations, the company engages in mining of natural resources and manganese. It also focuses on the development of phosphate rock deposits, contributing to its diversified portfolio and securing raw materials for its agri-commodities trade.
