Laxmi Organic shares surge over 8% on QIP fund raising; here’s what analysts say
1 year, 5 months ago

Laxmi Organic shares surge over 8% on QIP fund raising; here’s what analysts say

Live Mint  

Laxmi Organic share price surged over 8% on Wednesday's trading session after the company raised funds worth ₹259.1 crore via Qualified Institutional Placement. Laxmi Organic Industries Ltd share price opened at an intraday low of ₹274.50 apiece on BSE. On the technical front, according to analysts, Laxmi Organic stock price has exhibited significant positive momentum today, with prices surging by over 8% within the first hour of trading. As per trendlyne data, Laxmi Organic stock price fell 16.74% and underperformed its sector by 12.39% in the past year.

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