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Laxmi Organic Industries climbs on getting nod to set up new manufacturing site in Gujarat Laxmi Organic Industries is currently trading at Rs. 273.70, up by 10.10 points or 3.83% from its previous closing of Rs. 263.60 on the BSE. The scrip opened at Rs. 261.30 and has touched a high and low of Rs. 274.00 and Rs. 257.30 respectively. So far 128336 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 395.90 on 15-Sep-2022 and a 52 week low of Rs. 220.70 on 29-Mar-2023. Last one week high and low of the scr...
Laxmi Organic Industries climbs on getting nod to set up new manufacturing site in Gujarat
Laxmi Organic Industries climbs on getting nod to set up new manufacturing site in Gujarat
Source: Accord Fintech
31/07/2023 12:34:45 PM
Laxmi Organic Industries rises on inking pact with Welspun Corp for purchase of land Laxmi Organic Industries is currently trading at Rs. 340.20, up by 0.80 points or 0.24% from its previous closing of Rs. 339.40 on the BSE. The scrip opened at Rs. 340.05 and has touched a high and low of Rs. 343.00 and Rs. 336.50 respectively. So far 18207 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 597.30 on 05-Oct-2021 and a 52 week low of Rs. 274.35 on 15-Jul-2022. Last one week high and low of the scrip...
Laxmi Organic Industries rises on inking pact with Welspun Corp for purchase of land
Laxmi Organic Industries rises on inking pact with Welspun Corp for purchase of land
Source: Accord Fintech
3/10/2022 10:42:05 AM
Laxmi Organic Indust Q1 net profit down 38.34% at Rs 60.85 cr The company reported standalone net profit of Rs 60.85 crore for the quarter ended June 30, 2022 as compared to Rs 98.68 crore in the same period last year, registering a year-on-year decline of 38.34 per cent. Net revenue of the company rose moderately by 16.52 per cent at Rs 803.67 crore in April-June quarter of this fiscal as against Rs 689.73 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 29.11 per cent to Rs 713.99 crore from Rs 55...
Laxmi Organic Indust Q1 net profit down 38.34% at Rs 60.85 cr
Laxmi Organic Indust Q1 net profit down 38.34% at Rs 60.85 cr
Source: Dion Global Solutions Ltd
28/07/2022 10:45:49 AM
Laxmi Organic Industries trades in green on the BSE Laxmi Organic Industries is currently trading at Rs. 444.65, up by 6.95 points or 1.59% from its previous closing of Rs. 437.70 on the BSE. The scrip opened at Rs. 449.05 and has touched a high and low of Rs. 451.75 and Rs. 438.55 respectively. So far 46555 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 628.05 on 16-Sep-2021 and a 52 week low of Rs. 143.00 on 25-Mar-2021. Last one week high and low of the scrip...
Laxmi Organic Industries trades in green on the BSE
Laxmi Organic Industries trades in green on the BSE
Source: Accord Fintech
16/02/2022 12:50:08 PM
Buy Laxmi Organic Industries Ltd For Target Rs. 279 - Religare Broking Leadership and expansion will drive growth Incorporated in 1989, Laxmi Organic Industries Ltd is a leading manufacturer of Acetyl Intermediates and Specialty Intermediates, with almost three decades of experience in large-scale manufacturing of chemicals. The company’s products are largely used in various high-growth industries such as pharmaceuticals, agrochemicals, dyes & pigments, inks & coatings, paints, printing & packaging, adhesives, etc. They have two manufacturin...
Buy Laxmi Organic Industries Ltd For Target Rs. 279 - Religare Broking
Buy Laxmi Organic Industries Ltd For Target Rs. 279 - Religare Broking
Source: Religare Broking
3/08/2021 2:20:07 PM
Weekly Tech Picks - Jindal Stainless Hisar Ltd, Intellect Design Arena Ltd, Gujarat Industries Power Company Ltd, Laxmi Organic Industries Ltd - Axis Securities Jindal Stainless (Hisar) Limited * On the daily chart, the stock has bounced from an uptrend support line and has also broken out from a long term “Consolidation Range” (220-230) which signals resumption of the uptrend * Huge volumes on the breakout , signals increased participation near breakout zone * The stock is strong uptrend as it is continue to form a series of higher Tops and higher Bottom formation across all the time frames * The stock is also well ...
Weekly Tech Picks - Jindal Stainless Hisar Ltd, Intellect Design Arena Ltd, Gujarat Industries Power Company Ltd, Laxmi Organic Industries Ltd - Axis Securities
Weekly Tech Picks - Jindal Stainless Hisar Ltd, Intellect Design Arena Ltd, Gujarat Industries Power Company Ltd, Laxmi Organic Industries Ltd - Axis Securities
Source: Axis Securities Ltd
26/07/2021 8:34:51 AM
Buy Laxmi Organic Industries Ltd For target Rs. 279 - Religare Broking Leadership and expansion will drive growth Incorporated in 1989, Laxmi Organic Industries Ltd is a leading manufacturer of Acetyl Intermediates and Specialty Intermediates, with almost three decades of experience in large-scale manufacturing of chemicals. The company’s products are largely used in various high-growth industries such as pharmaceuticals, agrochemicals, dyes & pigments, inks & coatings, paints, printing & packaging, adhesives, etc. They have two manufacturin...
Buy Laxmi Organic Industries Ltd For target Rs. 279 - Religare Broking
Buy Laxmi Organic Industries Ltd For target Rs. 279 - Religare Broking
Source: Religare Broking Ltd
28/06/2021 10:13:00 AM
Laxmi Organic Industries Q4 net profit zooms 134.81% at Rs 31.23 cr The company reported standalone net profit of Rs 31.23 crore for the quarter ended March 31, 2021 as compared to Rs 13.30 crore in the same period last year, registering a year-on-year growth of 134.81 per cent. Net revenue of the company rose substantially by 37.47 per cent at Rs 467.44 crore in January-March quarter of this fiscal as against Rs 340.02 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 30.24 per cent to Rs 411.87 cro...
Laxmi Organic Industries Q4 net profit zooms 134.81% at Rs 31.23 cr
Laxmi Organic Industries Q4 net profit zooms 134.81% at Rs 31.23 cr
Source: Dion Global Solutions Ltd
26/05/2021 4:05:15 PM
Quote on Laxmi Organics Ltd. had come out with an IPO of Rs. 600 cr By Jyoti Roy, Angel Broking Ltd Below are Quote on Laxmi Organics Ltd. had come out with an IPO of Rs. 600 cr By Mr. Jyoti Roy - DVP- Equity Strategist, Angel Broking Ltd Laxmi Organics Ltd. had come out with an IPO of Rs. 600 cr at a price band of Rs. 129-130 per share. The IPO was scribed by 106.8 times with the QIB and the NIB portion being subscribed by 175.4x and 217.6x respectively. The retail portion was subscribed by 20.1x. The company is the largest manufacturer of ethyl acetate with ove...
Quote on Laxmi Organics Ltd. had come out with an IPO of Rs. 600 cr By Jyoti Roy, Angel Broking Ltd
Quote on Laxmi Organics Ltd. had come out with an IPO of Rs. 600 cr By Jyoti Roy, Angel Broking Ltd
Source: Angel Broking Ltd
25/03/2021 2:48:14 PM
Laxmi Organics Ltd : Capital raise to help diversify into high-margin fluorospecialities - Emkay Global Capital raise to help diversify into high-margin fluorospecialities Capital raise to help expand capacity and solidify balance sheet: Laxmi Organics (LO) is looking to raise Rs6bn through a mix of fresh issue (Rs3bn, 23.25mn shares) and Offer for Sale (Rs3bn). Large part of the proceeds (including Rs2bn raised in pre-IPO placement as part of fresh issue) shall be utilized for 1) debt repayment (~Rs1.8bn), 2) establishing Fluorospecialty assets (~Rs1bn), and 3) capacity expansion (~Rs1bn)....
Laxmi Organics Ltd : Capital raise to help diversify into high-margin fluorospecialities - Emkay Global
Laxmi Organics Ltd : Capital raise to help diversify into high-margin fluorospecialities - Emkay Global
Source: Emkay Global Financial Services Ltd
16/03/2021 11:07:19 AM
IPO Note - Laxmi Organics Industries Ltd By Nirmal Bang BACKGROUND Company Overview Laxmi Organics Industries Ltd (LOIL) is a leading manufacturer of Acetyl Intermediates and Specialty Intermediates. It is currently among the largest manufacturers of ethyl acetate in India with a market share of ~30%. Laxmi Organics is the only manufacturer of diketene derivatives in India with a market share of ~55% of the Indian diketene derivatives market in terms of FY20 revenue and has one of the largest portfolios of diketene products. The company also...
IPO Note - Laxmi Organics Industries Ltd By Nirmal Bang
IPO Note - Laxmi Organics Industries Ltd By Nirmal Bang
Source: Nirmal Bang Ltd
15/03/2021 10:59:25 AM
IPO Note - Laxmi Organic Industries Ltd By Choice Broking Salient features of the IPO: * Laxmi Organic Industries Ltd. (Laxmi Organic), a specialty chemical company is planning to raise up to Rs. 6,000mn through an IPO, which opens on 15th Mar. and closes on 17th Mar. 2021. The price band is Rs. 129 - 130 per share. * On 27th Feb. 2021 and 1st Mar. 2021, the company undertook a preIPO placement of 15.5mn equity shares at Rs. 129 each, aggregating to Rs. 2,000mn. * The issue is a combination of fresh issue and OFS. Of the net proceeds from t...
IPO Note - Laxmi Organic Industries Ltd By Choice Broking
IPO Note - Laxmi Organic Industries Ltd By Choice Broking
Source: Choice Broking Ltd
15/03/2021 10:49:23 AM
IPO Note - Laxmi Organic Industries Ltd By Choice Broking Salient features of the IPO: * Laxmi Organic Industries Ltd. (Laxmi Organic), a specialty chemical company is planning to raise up to Rs. 6,000mn through an IPO, which opens on 15th Mar. and closes on 17th Mar. 2021. The price band is Rs. 129 - 130 per share. * On 27th Feb. 2021 and 1st Mar. 2021, the company undertook a preIPO placement of 15.5mn equity shares at Rs. 129 each, aggregating to Rs. 2,000mn. * The issue is a combination of fresh issue and OFS. Of the net proceeds from t...
IPO Note - Laxmi Organic Industries Ltd By Choice Broking
IPO Note - Laxmi Organic Industries Ltd By Choice Broking
Source: Choice Broking Pvt Ltd
13/03/2021 4:40:59 PM