In today’s article, we will tell you about the share price target of Laxmi Organics. Laxmi Organics has registered a return growth of more than 182% within 1 year immediately after its listing. This company is doing its business well in your sector.
If you also want to invest in this company, then you have come to the right website, today we will give you complete information about the future stock price of this company, so read this article till the end.
Laxmi organic company details
Laxmi Organics Company is one of the largest companies in the chemical sector industry. Let us tell you that this company has gained a lot of influence in the chemical sector due to its work.
This company was established in 1989. This company was incorporated as the flagship of the Goenka Group of Limited. This company makes and provides goods like ethyl acetate, acetic acid within the chemical sector.
The way nowadays the demand of chemical is increasing in every industry and in big chemical industries like pharmaceuticals. Due to this demand, this company has reached such a high peak today. This company provides good goods by making.
With this, we will give you information about the share price target of the company while moving forward. The head quarter of Laxmi Organics Industries Limited Company is located in Mumbai Maharashtra India.
Here are some of the key facts about Laxmi Organic Industries Limited:
- Founded in 1989
- Headquarter: Mumbai, Maharashtra, India
- CEO: Rajeev Goenka
- Revenue (2022): INR 500 crore+
- Employees: 2,000+
- Products: Acetyl intermediates and specialty chemicals
- Industries served: Pharmaceuticals, agrochemicals, food packaging, pigments, and coatings
- Accreditations: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
- Responsible Care signatory
Laxmi Organics Limited Company has three manufacturing facilities located at Mahad, Satara, and Kolhapur, Maharashtra. This company has the accreditation of State of the Art and ISO. Lakshmi Organic Company is a company doing its production inside an excellent environment.
In 2022, the revenue of this company was 500 crores. This company has more than two thousand employees and it is one of the largest employer chemical industry companies.
Laxmi Organics share price target 2023
Laxmi Organics Company is one of the steel manufacturing companies. Let us tell you that this company has taken more than 30 percent share in the market share and it is one of the top leaders within this industry. The company is a shareholder of more than 50% in many derivatives.
This company has a big market. With this, considering the increasing growth of the company, if the share price target 2023 is seen, then the first target can be around ₹ 290, with this the second target is expected to be around ₹ 300.
Laxmi Organics share price target 2025
This company is expected to be bullish within its industry along with strong financial performance. Let us tell you that Lakshmi Organic Company can strengthen its financial results in the coming years with a CGAGR growth of around 15% to 20%.
This company is one of the companies which is in great demand due to its products. Given the way the market can go up and down due to the volatility in the chemical industry, its first price target can be around ₹ 420, while its second share price target is expected to be around ₹ 450.
Laxmi Organics share price target 2028
This company is trying to bring maximum innovation in your industry. Laxmi Organics Company is continuously increasing its investment in research and development. Let us tell you that this company will be on a growth of seven to eight percent within the coming years.
According to the way the demand for chemical remains maximum, then the first share price target of this company can be around ₹ 410. With this, its second share price target can be around ₹ 500.
Laxmi Organics share price target 2030
As we told you above, in view of the increasing demand, this company has invested a lot in research and development to increase its market. This company is gradually increasing itself to become famous in the world.
If you do not know, then let us tell you that this company has increased its product portfolio and manufacturing capability to such an extent that it single-handedly fulfills the demand of many chemicals.
With this, if we look at its first share price target, I can be around 490.20 percent, with this its second share price target can be around ₹ 540.35.
Laxmi Organics share price target 2040
Due to the profitable track record that this company has, it can make you better. Due to this company having its own management team, it is easily taking the specialty in its industry and taking it towards growth.
If you want to invest in this company, then you have to take care of some things that as the company has cyclical nature, which affects the ups and downs in the chemical industry, along with this it was up and down many times due to foreign currency fluctuations.
It is seen and along with this, if there is growth of its customers, then they also make the company grow. With this, if we look at its first share price target, it can go up to around ₹610, with this the second share price target can be up to around ₹742.