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Trades about 170% below its sector, cheaper than its peers on earnings.
Lexoraa Industries Limited, an Indian company headquartered in Mumbai, operates across a diverse range of sectors. Primarily, it specializes in the trade, import, and export of precious commodities such as gold, silver, diamonds, and other valuable stones, alongside associated jewelry products. The company's operations in this domain also extend to dealing in bullion, antiques, and artistic articles, supported by its own network of showrooms and retail outlets across India. Beyond its core business in precious goods, Lexoraa has a significant presence in the agricultural and food industries. This involves the extensive trading, import, export, and distribution of various agro-based products, including fresh fruits and vegetables, edible oils, organic and health foods, dairy items, protein foods, fast-moving consumer goods (FMCG), and a wide assortment of packaged foods. Furthermore, the company is engaged in the manufacture, repair, distribution, and dealing of specialized machinery, equipment, and tools crucial for processes like solvent extraction, refining, vanaspati production, cattle feed processing, oil milling, and general chemical processing. Established in 1986, the company was previously known as Servoteach Industries Limited until June 2024, when it underwent a name change to become Lexoraa Industries Limited.
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