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Shares of Laxmi Organic Industries surged 13 per cent to Rs 185.40 on the National Stock Exchange (NSE) in intra-day trade on Friday after foreign portfolio investors (FPIs) bought over three million equity shares worth about Rs 50 crore of the company via the open market.
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 for Rs 49 crore. The FPIs purchased these shares at an average price of Rs 155.60 per share on the NSE, the bulk deal data shows.
