Laxmi Organic Industries Limited (LXCHEM.BO)
Laxmi Organic Industries Limited operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Mumbai, MA, IN. The stock last traded at $176.15, up 1.15% on the session, giving a market capitalisation of $48.80B. Its beta of 0.29 implies it has historically moved less than the broad market.
Laxmi Organic Industries Limited is an Indian-based manufacturer specializing in chemicals, supplying acetyl and specialty intermediates to both domestic and international markets. The company's acetyl offerings include products such as ethyl acetate, acetaldehyde, and fuel-grade ethanol, along with a selection of proprietary solvents. Within its specialty intermediates division, Laxmi Organic produces ketene and diketene derivatives like esters, acetic anhydride, amides, and arylides, among other chemical compounds. These varied products are utilized across a wide array of sectors, including pharmaceuticals, agrochemicals, dyes, pigments, inks, paints, coatings, printing, packaging, flavors, fragrances, adhesives, electronics, and automotive, as well as numerous other industrial applications. Established in Mumbai in 1989, the company actively exports its goods and operates as a subsidiary of Yellow Stone Trust.
Laxmi Organic Industries Limited is most often compared with the following Basic Materials names: