Why is Laxmi Organic falling/rising?

Sep 22 2025 11:09 PM IST
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As of 22-Sep, Laxmi Organic Industries Ltd is priced at 218.65, down 0.66% over the last two days. Despite a brief intraday gain, the stock has a year-to-date decline of 10.00% and a significant drop in delivery volume, indicating reduced investor interest.
As of 22-Sep, Laxmi Organic Industries Ltd is currently priced at 218.65, reflecting a decrease of 1.45, or 0.66%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 1.02%. Despite opening with a gain of 2.09% today and reaching an intraday high of Rs 224.7, the overall performance has been negative, with a 1-week return of -1.93% and a year-to-date decline of 10.00%. The stock's delivery volume has also decreased significantly, falling by 53% compared to the 5-day average, indicating a drop in investor participation. However, the company maintains a low debt-to-equity ratio of 0.05, which is a positive factor for its financial health.

In the broader market context, Laxmi Organic's recent performance contrasts with the Sensex, which has shown a slight increase of 0.46% over the past week. While the stock has outperformed its sector by 0.59% today, its longer-term performance is concerning, with a 1-year decline of 24.21% compared to the Sensex's drop of only 2.82%. This suggests that while there may be short-term fluctuations, the stock is struggling to keep pace with the overall market and benchmark returns, contributing to its current downward price movement.
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