Laxmi Organic Industries Ltd Share Price – NSE /  BSE

Chemicals, Small Cap

Triveni Turbine Ltd, Chemplast Sanmar Ltd, Abbott India Ltd, DCM Shriram Ltd are among the other stocks to see a surge in volumes on NSE today, 08 August 2024.

Laxmi Organic Industries Ltd notched up volume of 127.03 lakh shares by 14:14 IST on NSE, a 10.54 fold spurt over two-week average daily volume of 12.05 lakh shares. The stock rose 5.14% to Rs.269.95. Volumes stood at 10.99 lakh shares in the last session.

Triveni Turbine Ltd saw volume of 87.25 lakh shares by 14:14 IST on NSE, a 7.84 fold spurt over two-week average daily volume of 11.13 lakh shares. The stock increased 5.87% to Rs.676.00. Volumes stood at 31.67 lakh shares in the last session.

Chemplast Sanmar Ltd notched up volume of 23.98 lakh shares by 14:14 IST on NSE, a 6.36 fold spurt over two-week average daily volume of 3.77 lakh shares. The stock slipped 5.61% to Rs.530.30. Volumes stood at 8.51 lakh shares in the last session.

Abbott India Ltd saw volume of 71683 shares by 14:14 IST on NSE, a 5.89 fold spurt over two-week average daily volume of 12160 shares. The stock dropped 3.16% to Rs.27,247.65. Volumes stood at 16507 shares in the last session.

DCM Shriram Ltd saw volume of 8.59 lakh shares by 14:14 IST on NSE, a 5.84 fold spurt over two-week average daily volume of 1.47 lakh shares. The stock increased 5.24% to Rs.1,148.45. Volumes stood at 3.65 lakh shares in the last session.

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Revenue from operations stood at Rs 718.17 crore in Q1 FY25, down 1.52% from Rs 729.22 crore recorded in the corresponding quarter last year.

Profit before tax declined 3.14% year on year to Rs 53.98 crore in the quarter ended 30 June 2024.

Laxmi Organic Industries is a leading manufacturer of acetyl intermediates and specialty intermediates with almost three decades of experience in large scale manufacturing of chemicals.

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Net profit of Laxmi Organic Industries declined 10.38% to Rs 34.35 crore in the quarter ended June 2024 as against Rs 38.33 crore during the previous quarter ended June 2023. Sales declined 1.52% to Rs 718.17 crore in the quarter ended June 2024 as against Rs 729.22 crore during the previous quarter ended June 2023.

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Laxmi Organic Industries will hold a meeting of the Board of Directors of the Company on 26 July 2024.

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