Support and Resistance Levels
Past performance
About Anik Industries Ltd Anik Industries Limited, originally incorporated as Madhya Pradesh Glychem Industries Limited in 1976, is a diversified company engaged in wind power generation, real estate, and trading activities, including the import and export of commodities like edible oil. Initially established as a solvent extraction venture, the company expanded into dairy, milk processing, and food processing sectors, building a significant presence in these areas. In the 2000s, Anik Industries underwent a major restructuring, transferring its soya and vegetable oil businesses to Ruchi Soya Industries Limited and focusing on its dairy division, leading to its name change in 2006.
In recent years, Anik diversified further into real estate and mining, launching projects such as 'Active Acres' and 'One Rajarhat' in Kolkata. The company commissioned a significant milk processing plant in Bhopal in 2008, though it eventually divested its dairy business in 2016. With a history of strategic expansions and divestitures, Anik Industries remains active in energy, real estate, and commodity trading markets.