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Trades about 64% below its sector, cheaper than its peers on earnings.
Ashapura Minechem Limited operates as a global producer and distributor, specializing in bentonite and bauxite. The company provides a full suite of bentonite services, encompassing mining, processing, and logistics, catering to a wide array of sectors including aluminum, foundries, cosmetics, metal ore pelletization, construction, and paper manufacturing. Its diverse offerings also include refractory materials for applications such as abrasives, high-temperature linings, foundries, grinding, and road surfacing, as well as specialized hydrocarbon exploration solutions for oil well drilling and hydraulic fracturing. Ashapura Minechem supplies adsorbent products crucial for processes like bleaching edible oils, refining petroleum, water purification, pet care, and the decolorization of waste oils. Additionally, it offers materials for waterproofing, repair and restoration, concrete admixtures, grouts, and floor hardeners. The company's extensive product range further comprises white mineral solutions, integral to the production of paper, paints, rubber, pesticides, cosmetics, pharmaceuticals, ceramics, glass, plastics, and building materials. It also manufactures various clay-based products utilized in paints, sealants, plasters, polymers, coatings, pharmaceutical applications, and as enhancers for aviation fuels. Established in 1960, Ashapura Minechem Limited maintains its headquarters in Mumbai, India.
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