Laxmi Organic Industries Outperforms Sector Amid Broader Market Decline

Laxmi Organic Industries, a midcap player in the Pesticides and Agrochemicals sector, has shown notable activity today, gaining 5.52% on May 13, 2025. This performance has allowed the stock to outperform its sector by 6.8%. Over the past three days, Laxmi Organic has demonstrated a consecutive gain, accumulating a total return of 11.85%.
The stock reached an intraday high of Rs 191.6, reflecting a 5.8% increase during the trading session. In terms of moving averages, Laxmi Organic's current price is above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

In the broader market context, the Sensex has experienced a sharp decline, falling 645.49 points to 81,604.11, a decrease of 1%. Despite this downturn, Laxmi Organic Industries has managed to maintain a strong performance relative to the index. Over the past week, the stock has gained 12.51%, while the Sensex has only increased by 1.20%. However, the stock's longer-term performance shows a decline of 20.97% year-to-date and 44.39% over the past three years, contrasting with the Sensex's positive trajectory.