Mumbai, October 20 (Udaipur Kiran): Shares of Laxmi Organic Industries Ltd. edged higher in Monday’s trading session after the company received the Consent to Operate (CTO) from the Gujarat Pollution Control Board (GPCB) for the first phase of its Synthetic Organic Chemicals manufacturing facility at Dahej, Bharuch district, Gujarat.
The stock was trading at ₹202.70, up ₹0.95 or 0.47% from its previous close of ₹201.75 on the BSE. It opened at ₹202.30 and touched an intraday high of ₹203.95 and low of ₹201.50. A total of 21,305 shares were traded on the counter.
The BSE Group ‘A’ stock, with a face value of ₹2, has touched a 52-week high of ₹282.80 (November 7, 2024) and a 52-week low of ₹160.30 (April 7, 2025). The company’s market capitalization stands at ₹5,594.23 crore.
Milestone at Dahej
Following the receipt of the CTO, Laxmi Organic Industries has successfully commissioned the first phase of its Dahej site and dispatched the first shipment of products, marking the start of commercial operations at the facility.
The company stated that its immediate focus will be on phased operationalisation of the entire Dahej site over the next few months, ensuring smooth stabilisation of operations while maintaining high standards of safety, efficiency, and quality.
Shareholding Pattern
Promoters hold 69.35% of the company’s shares, while institutions and non-institutional investors hold 4.80% and 25.85%, respectively.
About Laxmi Organic Industries
Laxmi Organic Industries Ltd. is one of India’s leading manufacturers of Acetyl Intermediates and Specialty Intermediates, serving a wide range of industries including pharmaceuticals, agrochemicals, and coatings.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
