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Nexxus Petro Industries was originally incorporated as a private limited company under the name and style of “Nexxus Petro Industries Private Limited” on October 5, 2021. The company is engaged in trading, manufacturing and selling of Petrochem products namely Bitumen products. Its product is widely used in infrastructure sector being road construction industry. Its range of products includes various grades of Bitumen which are classified on the base of viscosity and related properties of each grades. Presently, it procures bitumen via imports from Dubai as well as purchase from other domestic importers/sellers in India.
Nexxus Petro Inds major competitors are SVC Industries, Greenhitech Ventures, Hind Fluorocarbons, Multibase India, Vikas Lifecare, TN Petro Products, Kothari Petrochem.
Market Cap of Nexxus Petro Inds is ₹82 Crs.
While the median market cap of its peers are ₹372 Crs.
Nexxus Petro Inds seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
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