Technical analysis for Laxmi chemicalLaxmi chemical is at multiple support. Here's the technical analysis for Laxmi chemical. If it breach either side of the trend line, we should adjust our trading strategy accordingly.by ajayrathorerwt5
Laxmi organic Indus ltdAnother chemical stock from cash segment, which gave massive return after ipo launch abt 335% ..from low 143.15 to 623.70...breakout of ascending trendline can give target of 450 and 720 ...Longby praveshk21
Good stock to buy chemical sectoronly for educational purpose CMP265 upside 300/350/450+++ trading near Support trendline riskyLongby naitey0
Laxmi Organic Industries LtdLaxmi Organic Industries Limited was established in 1989 and is in the business of specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP). DDP is a specialty chemical group, the technology and business of which has been acquired by the company from Clariant Chemicals India Limited.Longby sushithengoor7
LXCHEM - Swing LongLXCHEM - Breakout of the resistance and retested the breakout today. I am looking to swing long in the stock for the upcoming months. Targets and SL are mentioned in the charts. Longby GArunSingh7
LXCHEM1.50 moving average upside & Retest 2. Huge Volume increase 3. RSI 60+ Target - 367 SL- 250 These are swing idea's which you can add your watchlist and analysis for yourself. Keep on radar. Potential upside stock! This content for only education purpose! I am not SEBI Register.Longby RahulAyar3
One can add Laxmi Organic Industries looks good on chart, near 274-280, safe can enter above 280.Longby badhekakrishUpdated 5
Laxmi Organic Industries Ltd- Sector headwinds causing problems - Targets given in the chart - SL 243 Significant investments in Dahej and Lote facilities for future growth and profitability. Opportunities in the export market, particularly in the Specialties vertical. Well-positioned in the fluorine intermediates space with differentiated technologies. Fundamentals Market Cap ₹ 7,901 Cr. Current Price ₹ 298 Stock P/E 80.2 Book Value ₹ 53.2 Dividend Yield 0.17 % ROCE 11.5 % ROE 9.18 % Face Value ₹ 2.00 Promoter holding 72.4 % EPS last year ₹ 4.70 EPS latest quarter ₹ 1.44 Debt ₹ 406 Cr. Pledged percentage 0.00 % Net CF ₹ 47.4 Cr. Price to Cash Flow 39.7 Free Cash Flow ₹ -277 Cr. Debt to equity 0.29 OPM last year 8.87 % OPM 5Year 10.3 % Reserves ₹ 1,359 Cr. Price to book value 5.62 Int Coverage 11.6 PEG Ratio 7.73 Price to Sales 2.85 Sales growth 3Years 22.2 % Profit Var 3Yrs 35.8 %Longby madhu281147
LXCHEM BULLISHBreakout in laxmi organic , can cross 300 tomorrow, but stock is overvalued, currently trading at a PE of 71, market cap 6995cr, ROE 10.13%Longby iamsagarpatel4
Lakshmi Organics=> Harmonics bat pattern in weekly timeframe => After a consolidation breakout happen..First target 0.382 fib level, second target 0.5 levelLongby gowtham_harmonics224
LAXMI ORGANICSLaxmi Organic Industries Limited was established in 1989 and is in the business of specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP). DDP is a specialty chemical group, the technology and business of which has been acquired by the company from Clariant Chemicals India Limited. The company’s business operations are carried in over 30 countries including 11 offices located in India ITS HAS SHOWN BIG MOVE TODAY MAY GO UP AS WELL IF IT CONTINUES CUTTRENT PRICE-283 TARGET PRICE-335Longby THE_Anonymus9
views on lxchem in wcbNSE:LXCHEM presently trading near supply zone after made multi-month trendline BO. Closing above supply zone will rally further and as well as change of trend will happen. Disclaimer - This chart analysis is only for educational purpose. Do proper research before trade/investment or consult with your financial advisor. This expressed opinion/view/analysis isn't a trade/investment advice/recommendation. --SEBI unregistered independent trader/analyst.Longby biniyoger_swaralipi6
#Laxmi Org Harmonic#Laxmi Org Harmonic Target -468 SL-286 CMP:302 @23 November 2022Longby Shiv_Singh10
LAXMI ORGANICS Laxmi Organic Industries Limited was established in 1989 and is in the business of specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP) Company has delivered good profit growth of 29.0% CAGR over last 5 years ; Price to book value 6.88 ; Debt to equity ratio 0.11 Looking good in charts ( symmetrical / Ascending triangle ) Break out Above 488 , we can expect upmove till 500.Longby madhu2811Updated 3329
LXCHEM - short term tradeBuy LXCHEM @/above 302 Intraday/Short term Target 324 Stop Loss 298 Profit approx. 7% Medium term Target 386 Stop Loss 291/below Profit approx. 27%Longby ruelfernandesUpdated 5
LXCHEM - READY FOR 5TH WAVE - ELLIOT WAVE ANALYSISLXCHEM seems like it's done A - B - C correction of wave 4. It can launch to 5th wave now. - Definitely not SEBI - Registered. So, this is only for educational purpose. Longby wallnutguy1
LAXMI Organic Industries | LXCHEM | Longterm and Short term ViewCurrently at buy Zone 444 SUP is at 435/416/393 Ascending triangle pattern Target of 500/600/650 Longby saikrishhUpdated 1
Laxmi Organic Industries ltdLaxmi Organic Industries locked in upper circuit on healthy Q3 earnings Laxmi Organic Industries' December quarter operating revenue grew 97 percent year-on-year to Rs 859.9 croreLongby shah75750
Why Laxmi Organics is a strong Short to Medium term BUY NSE:LXCHEM TEN POINTS 1. Laxmi Organic Industries is a specialty chemical manufacturer, focused on two key business segments - Acetyl Intermediates (AI) and Specialty Intermediates (SI)..The company is currently among the largest manufacturers of ethyl acetate in India with a market share of approximately 30% of the Indian ethyl acetate market. Laxmi Organic exports about 25% of the manufactured products. Additionally, it is the only manufacturer of diketene derivatives in India with a market share of approximately 55% of the Indian diketene derivatives market in terms of revenue in FY21 and one of the largest portfolios of diketene products 2. Stock gained 50% in one month only after listing -hitting a high of 628 and reported a significant jump in its net profit to ₹98.68 crore in the quarter ending June as compared to ₹18 crore in the corresponding quarter of the previous fiscal. Its revenue from operations also witnessed a massive jump to ₹689 crore from 354 crore in the year-ago quarter. 3. However massive rainfall in Pune factory forced the company to close one of its factories for some time during the SEP 21 quarter and Net profit tumbled from ~98 cr in SEP 21 to 10.3 cr in SEP 21 qtr. 4. Coupled with profit booking the stock tumbled to 385 levels. 5. After a 3 month consolidation the company seems to be turning around its limitations shown in the previous quarter. 6. On the positive side- India Ratings and Research (Ind-Ra) has upgraded Laxmi Organic Industries Limited’s (LOIL) Long-Term Issuer Rating to ‘IND AA-’ from ‘IND A+’. The Outlook is Stable, the ratings agency quoted 7. Despite 60% decline in SI volumes on qoq basis on account of 45 days shut down at SI Unit (Mahad) which caused heavy loss, Laxmi’s H1FY22 profits were close to FY21 performance led by rapid growth in specialty business and higher spreads in acetyl business during the first quarter and normalised acetyl spreads during the second quarter. There is a strong visibility on SI order book for H2FY22. Laxmi has acquired significant international accounts during Q2FY22, as 24% of SI sales were from exports as against 5% in Q2FY21. 8. Buying at current levels is recommended for a short to medium term target of 500-520 for the short term and 620 for the longer term. 9. Maintain stop loss around 430 10. Risk reward ratio of 1:3 Longby amitachUpdated 1
Our Favorite LaxmiChit Fund ready again.NSE:LXCHEM Looking Bullish after budget session, Taken multiple time support and has broke the Stage 3 distribution Channel.Longby TradingFucker2
LAXMI ORGANICLaxmi Organic is near its strong resistance zone of 444-454 with more than average volume. Could be bought only above 454 with mentioned targets & stoploss.Longby TORTOISE_MSUpdated 1
Go long on Lxchem Lxchem making a nice rounding bottom pattern . It can start it's 2nd run-up . Accumulate Fast ! Longby abux221