Laxmi Organic Industries

The rise in Laxmi Organic share price came on the back of healthy results in the December quarter of financial year 2025 (Q3FY25)

Over the past 7-8 weeks, Laxmi Organic Industries has been trading within a relatively narrow range of approximately Rs 235-270, indicating a period of consolidation.

Borosil Renewables has recently experienced a significant price decline after reaching its peak near Rs 573, losing around 87 points, which translates to a 15 per cent drop.

The fund raising committee, at its meeting held on October 10, 2023, approved the allotment of 9.63 million equity shares of face value of Rs 2 at an issue price of Rs 269.20 per share

Stocks to Watch: Harsha Engineers will make its debut on the bourses today. The issue price is fixed at Rs 330 per share. As per IPO Watch, the stock can list with a 50 per cent premium

Mehul Kothari of Anand Rathi is bullish on Brigade Enterprises and Laxmi Organic Industries

The stock has 219 per cent against its issue price of Rs 130 per share

On Thursday, March 26, Goldman Sachs India Fund Limited (1.67 million) and Plutus Wealth Management LLP (1.5 million) purchased a combined 3.17 million equity shares of Laxmi Organic Industries.

The firm is a leading manufacturer of acetyl intermediates and specialty intermediates