India's Laxmi Organic gains after safety watchdog's nod for new factory

Laxmi Organic Industries

07/05/2025 07:29

** Shares of Laxmi Organic Industries LAXR.NS rise 2.3% to 174.4 rupees

** Specialty chemicals maker wins industrial safety body's license for its upcoming manufacturing site in Gujarat state

** LAXR trading below 50-, 100-, and 200- day moving avgs

** Stock down 29% YTD

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))