Laxmi Organic Industries Limited (LXCHEM.NS)
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 $176.05, up 1.11% 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 focused on specialty chemicals, supplying both acetyl and specialty intermediates. Its range of acetyl intermediates includes compounds such as ethyl acetate, acetaldehyde, and fuel-grade ethanol, along with various proprietary solvents. The company's specialty intermediates category encompasses ketene and diketene derivatives, specifically esters, acetic anhydride, amides, arylides, and other related chemical substances. These versatile products are extensively utilized across numerous industries, including pharmaceuticals, agrochemicals, dyes and pigments, inks and paints, coatings, printing, packaging, flavour and fragrance, adhesives, electronics, automotive, and a wide array of other industrial applications. Beyond its domestic market, the company has a global reach, exporting its goods to approximately 43 countries. Laxmi Organic Industries Limited was founded in 1989 and is headquartered in Mumbai, India.
Laxmi Organic Industries Limited is most often compared with the following Basic Materials names: