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Is Laxmi Organic a good buy for long term?
The company is almost debt-free with a DE ratio of 0.14. So we consider Laxmi Organics a good bet for the Long term, however, we don`t recommend buying at current levels as the stock has rallied almost 52 per cent in 12 sessions. We suggested Buy on dips strategy on this counter for good long-term returns.
What is the target of Laxmi Organics?
If the price of Laxmi Organic is trading above 425.82 then possibility of upside targets getting achieved is higher….
| Target 1 | |
|---|---|
| Target 6 | 508.35 |
Should I buy Lxchem?
Laxmi Organic Industries Limited (NSE: LXCHEM) As on 14th Dec 2021 LXCHEM Share Price closed @ 418.05 and we RECOMMEND Buy for LONG-TERM with Stoploss of 340.12 & Strong Sell for SHORT-TERM with Stoploss of 468.89 we also expect STOCK to react on Following IMPORTANT LEVELS.
What happened to Laxmi Organic?
Laxmi Organic Industries was locked in a lower circuit of 5\% at Rs 434.40 after the company posted a 39.6\% fall in consolidated net profit to Rs 14.57 crore in Q2 FY22 from Rs 24.13 crore in Q2 FY21. Total expenses spiked 54\% to Rs 58.95 crore in Q2 FY22 from Rs 38.14 crore in Q2 FY21.
Should we buy Laxmi Organics?
Should you buy Laxmi Organic shares now? “The company is almost debt-free with a debt to equity ratio of 0.14. So we consider Laxmi Organics a good bet for the long term, however, we don`t recommend buying at current levels,” he said. The stock has risen 61 percent in August alone.
Is Laxmi Organic debt free?
Laxmi Organic Industries has a debt to equity ratio of just 0.087, which is very low. Although the ROE isn’t overly impressive, the debt load is modest, suggesting the business has potential.
Should you buy Laxmi Organic shares now? “The company is almost debt-free with a debt to equity ratio of 0.14. So we consider Laxmi Organics a good bet for the long term, however, we don`t recommend buying at current levels,” he said.
Is Laxmi Organic IPO good or bad?
Negative part about Laxmi Organic is that its capacity utilization does not cross more than 80 per cent. Laxmi Organic’ IPO consists of fresh issuance of shares aggregating to Rs 300 crore and an offer for sale worth Rs 300 crore by the promoter Yellow Stone Trust.
What is Laxmi Organics IPO?
Laxmi Organic IPO comprised fresh issuance of shares aggregating to ₹300 crore and an offer for sale worth ₹300 crore by the promoter Yellow Stone Trust.
What is book value per share?
Book value per share (BVPS) is the ratio of equity available to common shareholders divided by the number of outstanding shares. This figure represents the minimum value of a company’s equity and measures the book value of a firm on a per-share basis.