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However, while Laxmi Organic's Q2 earnings did rise on a year-on-year basis, it showcased a slump sequentially.

Laxmi Organic surges 4.5% on jump in Q2 net profit, margin expansion

Laxmi Organic Consolidated September 2023 Net Sales at Rs 652.27 crore, up 0.01% Y-o-Y

Laxmi Organic Standalone September 2023 Net Sales at Rs 636.44 crore, up 6.67% Y-o-Y

The fund-raising committee on October 10 approved the allotment of 9,625,579 equity shares of face value of Rs 2 at an issue price of Rs. 269.20 a share

Laxmi Organic down 4%; raises Rs 259 crore through QIP

Tanla Platforms has given a breakout of falling resistance trendline as well as seen a consolidation breakout on Wednesday. The stock formed long bullish candlestick pattern with strong volumes, trading above all key moving averages.

Trade Spotlight | How you should deal in Wipro, Laxmi Organic and Tanla Platforms

Considering the momentum in key sectors, if the Nifty50 decisively surpasses 19,500, then 19,650 is expected to be the crucial area for sharp up-move, while the critical support remains at 19,300-19,250, experts said

Top 10 bets for next 3-4 weeks as market kicks off Sept series with a bang

Laxmi Organic Industries has seen a decisive breakout of almost four-month consolidation and rallied 8.4 percent to Rs 285.85. The stock has formed robust bullish candlestick pattern on the daily charts with multi-fold jump in volumes.

Trade Spotlight | Your strategy for Laxmi Organic, Finolex Industries, Angel One today

KR Choksey recommended accumulate rating on Laxmi Organic Industries with a target price of Rs 302 in its research report dated August 01 2023.

Accumulate Laxmi Organic Industries; target of Rs 302: KR Choksey

The 19,600-19,500 zone may be crucial for Nifty and, if this is breached, then correction can be seen towards 19,300. On the higher side, 19,700-19,800 is important to watch out for as a decisive close above 19,800 may take it towards its fresh all-time high

Top 10 bets for August series as Nifty takes a breather but holds pivotal support

Laxmi Organic Consolidated June 2023 Net Sales at Rs 733.58 crore, down 3.04% Y-o-Y

Laxmi Organic Industries Ltd. engages in the manufacture of acetyl and specialty intermediates. It offers ethyl acetate, acetaldehyde, fuel-grade ethanol and other proprietary solvents; and f ketene, diketene derivatives namely esters, acetic anhydride, amides, arylides, and other chemicals. The company was founded on May 15, 1989 and is headquartered in Mumbai, India.

Watchers	224
52-Wk Low	220.50
52-Wk High	320.95

Market Cap	78.7B
Volume (M)	846,836.00
52-Wk High	320.95
52-Wk Low	220.50

LXCHEM.NSE Laxmi Organic Industries Ltd.

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