Laxmi Organic surges amidst ambitious capex plans
On August 18, Laxmi Organic Industries Ltd. shares climbed 15.86% to ₹212.0, outperforming the Sensex. The company outlined an ₹1,100 crore capex for FY25-28, including a significant Dahej project expected to ramp up in FY27. Strategic investments, like the Lote Fluoro facility and an anticipated Hitachi contract, are set to drive future revenue.