Laxmi Organic Industries Share Price
- Advice
- Hold
Start SIP in Laxmi Organic Industries
Start SIPLaxmi Organic Industries Performance
Day Range
- Low 301
- High 311
52 Week Range
- Low 220
- High 326
- Open Price309
- Previous Close309
- Volume1467466
Laxmi Organic Industries Investment Rating
-
Master Rating:
-
Laxmi Organic Industries has an operating revenue of Rs. 2,856.79 Cr. on a trailing 12-month basis. An annual revenue growth of 3% is not great, Pre-tax margin of 6% is okay, ROE of 6% is fair but needs improvement. The company has a reasonable debt to equity of 5%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 17% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -3% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 50 which is a POOR score indicating inconsistency in earnings, a RS Rating of 46 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 107 indicates it belongs to a poor industry group of Chemicals-Basic and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 717 | 811 | 686 | 636 | 698 | 712 |
| Operating Expenses Qtr Cr | 635 | 720 | 628 | 588 | 622 | 644 |
| Operating Profit Qtr Cr | 82 | 91 | 58 | 48 | 76 | 67 |
| Depreciation Qtr Cr | 21 | 24 | 22 | 22 | 21 | 22 |
| Interest Qtr Cr | 3 | 4 | 6 | 4 | 7 | 7 |
| Tax Qtr Cr | 24 | 24 | 3 | 11 | 17 | 18 |
| Net Profit Qtr Cr | 46 | 55 | 39 | 23 | 38 | 26 |
Laxmi Organic Industries Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 11
- Bearish Moving Average
- ___
- 5
- 20 Day
- ₹298.70
- 50 Day
- ₹282.85
- 100 Day
- ₹271.93
- 200 Day
- ₹267.80
- 20 Day
- ₹299.00
- 50 Day
- ₹277.77
- 100 Day
- ₹263.38
- 200 Day
- ₹263.66
Laxmi Organic Industries Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 307.88 |
| Second Resistance | 314.17 |
| Third Resistance | 317.83 |
| RSI | 55.30 |
| MFI | 54.80 |
| MACD Single Line | 10.65 |
| MACD | 10.14 |
| Support | |
|---|---|
| First Support | 297.93 |
| Second Support | 294.27 |
| Third Supoort | 287.98 |
Laxmi Organic Industries Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 1,521,896 | 61,971,605 | 40.72 |
| Week | 2,475,291 | 91,437,242 | 36.94 |
| 1 Month | 4,165,298 | 140,662,124 | 33.77 |
| 6 Month | 2,260,275 | 79,945,929 | 35.37 |
Laxmi Organic Industries Result Highlights
Laxmi Organic Industries Synopsis
NSE-Chemicals-Basic
Laxmi Organic Indust is involved in the business activities of Manufacture of other chemical products. Company’s Total Operating Revenue is Rs. 2824.48 Cr. and Equity Capital is Rs. 55.16 Cr. for the Year ended 31/03/2024. Laxmi Organic Industries Ltd. is a Public Limited Listed company incorporated on 15/05/1989 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24200MH1989PLC051736 and registration number is 051736.| Market Cap | 8,505 |
| Sales | 2,851 |
| Shares in Float | 8.26 |
| No of funds | 72 |
| Yield | 0.19 |
| Book Value | 4.64 |
| U/D Vol ratio | 2.1 |
| LTDebt / Equity | 5 |
| Alpha | -0.09 |
| Beta | 1.06 |
Laxmi Organic Industries Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 69.55% | 69.72% | 69.83% | 72.39% |
| Mutual Funds | 1.66% | 2.92% | 3.09% | 1.41% |
| Insurance Companies | 0.08% | 0.08% | ||
| Foreign Portfolio Investors | 1.05% | 0.85% | 0.67% | 0.48% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 23.42% | 22.35% | 22.27% | 22.01% |
| Others | 4.24% | 4.08% | 4.14% | 3.71% |
Laxmi Organic Industries Management
| Name | Designation |
|---|---|
| Mr. Ravi Goenka | Executive Chairman |
| Mr. Rajan Venkatesh | Managing Director & CEO |
| Mr. Harshvardhan Goenka | Executive Director |
| Dr. Rajeev Vaidya | Independent Director |
| Dr. Rajiv Banavali | Independent Director |
| Mr. O V Bundellu | Independent Director |
| Mr. Manish Chokhani | Independent Director |
| Ms. Sangeeta Singh | Independent Director |
| Mr. Arun Todarwal | Independent Director |
| Mr. Rajeev Goenka | Non Executive Director |
Laxmi Organic Industries Forecast
Price Estimates
Laxmi Organic Industries Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-07-26 | Quarterly Results | |
| 2024-05-21 | Audited Results & Dividend | |
| 2024-01-24 | Quarterly Results | |
| 2023-10-26 | Quarterly Results | |
| 2023-07-28 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-07-19 | FINAL | Rs.0.60 per share(30%)Final Dividend |
| 2023-07-21 | FINAL | Rs.0.50 per share(25%)Final Dividend |
| 2022-07-19 | FINAL | Rs.0.70 per share(35%)Final Dividend |
| 2021-07-15 | FINAL | Rs.0.50 per share(25%)Final Dividend |
Laxmi Organic Industries FAQs
What is Share Price of Laxmi Organic Industries ?
Laxmi Organic Industries share price is ₹301 As on 18 September, 2024 | 02:28
What is the Market Cap of Laxmi Organic Industries ?
The Market Cap of Laxmi Organic Industries is ₹8300.1 Cr As on 18 September, 2024 | 02:28
What is the P/E ratio of Laxmi Organic Industries ?
The P/E ratio of Laxmi Organic Industries is 71.2 As on 18 September, 2024 | 02:28
What is the PB ratio of Laxmi Organic Industries ?
The PB ratio of Laxmi Organic Industries is 4.6 As on 18 September, 2024 | 02:28