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Trades about 15% below its sector, cheaper than its peers on earnings.
The Anup Engineering Limited, along with its subsidiaries, specializes in the production and fabrication of diverse process equipment for a broad spectrum of industries across India. These sectors include chemicals, petrochemicals, pharmaceuticals, fertilizers, drugs, oil and gas, power generation, pulp and paper, water treatment, aerospace, and liquefied natural gas (LNG). The company's product portfolio comprises static process equipment such as heat exchangers, reactors, pressure vessels, columns, towers, and custom-fabricated items. Additionally, they offer technology products, dished ends, and industrial centrifuges. Customers also benefit from their pre-fabrication engineering services tailored for static process equipment. The Anup Engineering Limited also distributes its products internationally. Incorporated in 2017 and headquartered in Ahmedabad, India, the company changed its name from Anveshan Heavy Engineering Limited to its present form in January 2019.
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