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Laxmi Organic Industries Limited
Buy, Hold or Sell?

Let's analyse Laxmi together

PenkeI guess you are interested in Laxmi Organic Industries Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Laxmi Organic Industries Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Laxmi (30 sec.)










What can you expect buying and holding a share of Laxmi? (30 sec.)

How much money do you get?

How much money do you get?
INR0.03
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR51.30
Expected worth in 1 year
INR67.47
How sure are you?
83.3%

+ What do you gain per year?

Total Gains per Share
INR18.87
Return On Investment
8.0%

For what price can you sell your share?

Current Price per Share
INR235.20
Expected price per share
INR220.97 - INR249.50
How sure are you?
50%

1. Valuation of Laxmi (5 min.)




Live pricePrice per Share (EOD)

INR235.20

Intrinsic Value Per Share

INR-224.25 - INR-78.98

Total Value Per Share

INR-172.95 - INR-27.69

2. Growth of Laxmi (5 min.)




Is Laxmi growing?

Current yearPrevious yearGrowGrow %
How rich?$169.4m$156.1m$13.3m7.9%

How much money is Laxmi making?

Current yearPrevious yearGrowGrow %
Making money$14.9m$30.8m-$15.9m-106.6%
Net Profit Margin4.5%8.4%--

How much money comes from the company's main activities?

3. Financial Health of Laxmi (5 min.)




4. Comparing to competitors in the Specialty Chemicals industry (5 min.)




  Industry Rankings (Specialty Chemicals)  


Richest
#300 / 565

Most Revenue
#136 / 565

Most Profit
#140 / 565

Most Efficient
#259 / 565

What can you expect buying and holding a share of Laxmi? (5 min.)

Welcome investor! Laxmi's management wants to use your money to grow the business. In return you get a share of Laxmi.

What can you expect buying and holding a share of Laxmi?

First you should know what it really means to hold a share of Laxmi. And how you can make/lose money.

Speculation

The Price per Share of Laxmi is INR235.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Laxmi.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Laxmi, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR51.30. Based on the TTM, the Book Value Change Per Share is INR4.04 per quarter. Based on the YOY, the Book Value Change Per Share is INR9.66 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.67 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Laxmi.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.050.0%0.050.0%0.110.0%0.060.0%0.050.0%
Usd Book Value Change Per Share0.050.0%0.050.0%0.120.0%0.090.0%0.100.0%
Usd Dividend Per Share0.010.0%0.010.0%0.010.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.060.0%0.060.0%0.120.1%0.090.0%0.110.0%
Usd Price Per Share2.67-2.67-4.79-1.91-1.59-
Price to Earnings Ratio49.23-49.23-42.89-25.99-21.66-
Price-to-Total Gains Ratio47.21-47.21-39.39-31.47-31.47-
Price to Book Ratio4.34-4.34-8.45-3.49-2.91-
Price-to-Total Gains Ratio47.21-47.21-39.39-31.47-31.47-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.8224
Number of shares354
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.00
Usd Book Value Change Per Share0.050.09
Usd Total Gains Per Share0.060.09
Gains per Quarter (354 shares)20.0433.19
Gains per Year (354 shares)80.17132.77
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11169705127123
22313715011255256
33420623016382389
44627531021510522
55734439026637655
66941247032765788
78048155037892921
8925506304210201054
91036187104811471187
101156877905312751320

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%

Fundamentals of Laxmi

About Laxmi Organic Industries Limited

Laxmi Organic Industries Limited, a specialty chemical manufacturer, provides acetyl and specialty intermediates in India and internationally. The company's acetyl intermediates include ethyl acetate, acetaldehyde, fuel-grade ethanol, and other proprietary solvents; and specialty intermediates comprise ketene and diketene derivatives, such as esters, acetic anhydride, amides, arylides, and other chemicals. Its products are used in pharmaceuticals, agrochemicals, dyes and pigments, inks and paints, coatings, printing, packaging, flavour and fragrance, adhesives, electronics, automotive, and other industrial applications. It exports its products. The company was incorporated in 1989 and is based in Mumbai, India. Laxmi Organic Industries Limited is a subsidiary of Yellow Stone Trust.

Fundamental data was last updated by Penke on 2024-03-18 20:18:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Laxmi Organic Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Laxmi earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Laxmi to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 4.5% means that ₹0.04 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Laxmi Organic Industries Limited:

  • The MRQ is 4.5%. The company is making a profit. +1
  • The TTM is 4.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.5%TTM4.5%0.0%
TTM4.5%YOY8.4%-3.9%
TTM4.5%5Y5.8%-1.4%
5Y5.8%10Y5.8%+0.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5%4.2%+0.3%
TTM4.5%4.2%+0.3%
YOY8.4%6.4%+2.0%
5Y5.8%6.0%-0.2%
10Y5.8%6.0%-0.2%
1.1.2. Return on Assets

Shows how efficient Laxmi is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Laxmi to the Specialty Chemicals industry mean.
  • 5.2% Return on Assets means that Laxmi generated ₹0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Laxmi Organic Industries Limited:

  • The MRQ is 5.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.2%TTM5.2%0.0%
TTM5.2%YOY11.3%-6.2%
TTM5.2%5Y7.4%-2.2%
5Y7.4%10Y7.6%-0.2%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%1.1%+4.1%
TTM5.2%1.1%+4.1%
YOY11.3%1.7%+9.6%
5Y7.4%1.6%+5.8%
10Y7.6%1.7%+5.9%
1.1.3. Return on Equity

Shows how efficient Laxmi is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Laxmi to the Specialty Chemicals industry mean.
  • 8.8% Return on Equity means Laxmi generated ₹0.09 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Laxmi Organic Industries Limited:

  • The MRQ is 8.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.8%TTM8.8%0.0%
TTM8.8%YOY19.8%-11.0%
TTM8.8%5Y14.6%-5.8%
5Y14.6%10Y15.5%-0.9%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ8.8%2.2%+6.6%
TTM8.8%2.0%+6.8%
YOY19.8%3.2%+16.6%
5Y14.6%2.7%+11.9%
10Y15.5%2.8%+12.7%

1.2. Operating Efficiency of Laxmi Organic Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Laxmi is operating .

  • Measures how much profit Laxmi makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Laxmi to the Specialty Chemicals industry mean.
  • An Operating Margin of 6.6% means the company generated ₹0.07  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Laxmi Organic Industries Limited:

  • The MRQ is 6.6%. The company is operating less efficient.
  • The TTM is 6.6%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ6.6%TTM6.6%0.0%
TTM6.6%YOY10.7%-4.1%
TTM6.6%5Y7.8%-1.2%
5Y7.8%10Y8.0%-0.2%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ6.6%7.5%-0.9%
TTM6.6%4.8%+1.8%
YOY10.7%8.2%+2.5%
5Y7.8%8.1%-0.3%
10Y8.0%7.3%+0.7%
1.2.2. Operating Ratio

Measures how efficient Laxmi is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 0.94 means that the operating costs are ₹0.94 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Laxmi Organic Industries Limited:

  • The MRQ is 0.938. The company is less efficient in keeping operating costs low.
  • The TTM is 0.938. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.938TTM0.9380.000
TTM0.938YOY0.892+0.046
TTM0.9385Y0.921+0.018
5Y0.92110Y0.919+0.002
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9381.529-0.591
TTM0.9381.530-0.592
YOY0.8921.459-0.567
5Y0.9211.462-0.541
10Y0.9191.229-0.310

1.3. Liquidity of Laxmi Organic Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Laxmi is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 1.47 means the company has ₹1.47 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Laxmi Organic Industries Limited:

  • The MRQ is 1.466. The company is just able to pay all its short-term debts.
  • The TTM is 1.466. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.466TTM1.4660.000
TTM1.466YOY1.580-0.114
TTM1.4665Y1.4660.000
5Y1.46610Y1.432+0.034
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4661.831-0.365
TTM1.4661.875-0.409
YOY1.5801.896-0.316
5Y1.4661.926-0.460
10Y1.4321.762-0.330
1.3.2. Quick Ratio

Measures if Laxmi is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Laxmi to the Specialty Chemicals industry mean.
  • A Quick Ratio of 1.12 means the company can pay off ₹1.12 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Laxmi Organic Industries Limited:

  • The MRQ is 1.125. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.125. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.125TTM1.1250.000
TTM1.125YOY1.310-0.185
TTM1.1255Y1.292-0.167
5Y1.29210Y1.204+0.087
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1250.846+0.279
TTM1.1250.884+0.241
YOY1.3100.966+0.344
5Y1.2921.049+0.243
10Y1.2041.030+0.174

1.4. Solvency of Laxmi Organic Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Laxmi assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Laxmi to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.41 means that Laxmi assets are financed with 41.4% credit (debt) and the remaining percentage (100% - 41.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Laxmi Organic Industries Limited:

  • The MRQ is 0.414. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.414. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.414TTM0.4140.000
TTM0.414YOY0.426-0.012
TTM0.4145Y0.487-0.072
5Y0.48710Y0.502-0.015
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4140.431-0.017
TTM0.4140.427-0.013
YOY0.4260.426+0.000
5Y0.4870.433+0.054
10Y0.5020.439+0.063
1.4.2. Debt to Equity Ratio

Measures if Laxmi is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Laxmi to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 70.8% means that company has ₹0.71 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Laxmi Organic Industries Limited:

  • The MRQ is 0.708. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.708. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.708TTM0.7080.000
TTM0.708YOY0.743-0.035
TTM0.7085Y0.998-0.289
5Y0.99810Y1.058-0.060
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7080.767-0.059
TTM0.7080.752-0.044
YOY0.7430.747-0.004
5Y0.9980.797+0.201
10Y1.0580.845+0.213

2. Market Valuation of Laxmi Organic Industries Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Laxmi generates.

  • Above 15 is considered overpriced but always compare Laxmi to the Specialty Chemicals industry mean.
  • A PE ratio of 49.23 means the investor is paying ₹49.23 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Laxmi Organic Industries Limited:

  • The EOD is 51.985. Based on the earnings, the company is expensive. -2
  • The MRQ is 49.233. Based on the earnings, the company is overpriced. -1
  • The TTM is 49.233. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD51.985MRQ49.233+2.752
MRQ49.233TTM49.2330.000
TTM49.233YOY42.894+6.339
TTM49.2335Y25.990+23.243
5Y25.99010Y21.658+4.332
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD51.98515.013+36.972
MRQ49.23313.988+35.245
TTM49.23315.705+33.528
YOY42.89417.841+25.053
5Y25.99019.498+6.492
10Y21.65823.950-2.292
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Laxmi Organic Industries Limited:

  • The EOD is -23.393. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -22.154. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -22.154. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-23.393MRQ-22.154-1.238
MRQ-22.154TTM-22.1540.000
TTM-22.154YOY-45.170+23.016
TTM-22.1545Y-121.264+99.109
5Y-121.26410Y-101.053-20.211
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-23.3935.077-28.470
MRQ-22.1544.568-26.722
TTM-22.1542.302-24.456
YOY-45.170-0.150-45.020
5Y-121.2643.140-124.404
10Y-101.0532.653-103.706
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Laxmi is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 4.34 means the investor is paying ₹4.34 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Laxmi Organic Industries Limited:

  • The EOD is 4.585. Based on the equity, the company is fair priced.
  • The MRQ is 4.342. Based on the equity, the company is fair priced.
  • The TTM is 4.342. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.585MRQ4.342+0.243
MRQ4.342TTM4.3420.000
TTM4.342YOY8.452-4.110
TTM4.3425Y3.487+0.855
5Y3.48710Y2.906+0.581
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD4.5851.713+2.872
MRQ4.3421.781+2.561
TTM4.3421.854+2.488
YOY8.4522.306+6.146
5Y3.4872.351+1.136
10Y2.9062.842+0.064
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Laxmi Organic Industries Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--4.0444.0440%9.661-58%7.503-46%8.549-53%
Book Value Per Share--51.29751.2970%47.253+9%33.602+53%30.299+69%
Current Ratio--1.4661.4660%1.580-7%1.4660%1.432+2%
Debt To Asset Ratio--0.4140.4140%0.426-3%0.487-15%0.502-17%
Debt To Equity Ratio--0.7080.7080%0.743-5%0.998-29%1.058-33%
Dividend Per Share--0.6740.6740%0.479+41%0.311+116%0.267+153%
Eps--4.5244.5240%9.311-51%4.725-4%4.396+3%
Free Cash Flow Per Share---10.054-10.0540%-8.842-12%-2.325-77%-2.514-75%
Free Cash Flow To Equity Per Share---1.612-1.6120%-13.353+728%0.937-272%0.717-325%
Gross Profit Margin--0.1880.1880%0.635-70%0.562-66%0.573-67%
Intrinsic Value_10Y_max---78.983--------
Intrinsic Value_10Y_min---224.249--------
Intrinsic Value_1Y_max---3.538--------
Intrinsic Value_1Y_min---10.564--------
Intrinsic Value_3Y_max---13.966--------
Intrinsic Value_3Y_min---42.242--------
Intrinsic Value_5Y_max---28.416--------
Intrinsic Value_5Y_min---85.186--------
Market Cap64758793881.600+5%61330873032.00061330873032.0000%109968802195.200-44%43869126824.640+40%36557605687.200+68%
Net Profit Margin--0.0450.0450%0.084-47%0.058-23%0.058-23%
Operating Margin--0.0660.0660%0.107-38%0.078-15%0.080-17%
Operating Ratio--0.9380.9380%0.892+5%0.921+2%0.919+2%
Pb Ratio4.585+5%4.3424.3420%8.452-49%3.487+25%2.906+49%
Pe Ratio51.985+5%49.23349.2330%42.894+15%25.990+89%21.658+127%
Price Per Share235.200+5%222.750222.7500%399.400-44%159.330+40%132.775+68%
Price To Free Cash Flow Ratio-23.393-6%-22.154-22.1540%-45.170+104%-121.264+447%-101.053+356%
Price To Total Gains Ratio49.852+5%47.21347.2130%39.390+20%31.469+50%31.469+50%
Quick Ratio--1.1251.1250%1.310-14%1.292-13%1.204-7%
Return On Assets--0.0520.0520%0.113-54%0.074-30%0.076-32%
Return On Equity--0.0880.0880%0.198-55%0.146-39%0.155-43%
Total Gains Per Share--4.7184.7180%10.140-53%7.814-40%8.816-46%
Usd Book Value--169486080.000169486080.0000%156124680.000+9%111023136.000+53%100109840.000+69%
Usd Book Value Change Per Share--0.0490.0490%0.116-58%0.090-46%0.103-53%
Usd Book Value Per Share--0.6160.6160%0.567+9%0.403+53%0.364+69%
Usd Dividend Per Share--0.0080.0080%0.006+41%0.004+116%0.003+153%
Usd Eps--0.0540.0540%0.112-51%0.057-4%0.053+3%
Usd Free Cash Flow---33220200.000-33220200.0000%-29214600.000-12%-7682832.000-77%-8307100.000-75%
Usd Free Cash Flow Per Share---0.121-0.1210%-0.106-12%-0.028-77%-0.030-75%
Usd Free Cash Flow To Equity Per Share---0.019-0.0190%-0.160+728%0.011-272%0.009-325%
Usd Market Cap777105526.579+5%735970476.384735970476.3840%1319625626.342-44%526429521.896+40%438691268.246+68%
Usd Price Per Share2.822+5%2.6732.6730%4.793-44%1.912+40%1.593+68%
Usd Profit--14948640.00014948640.0000%30880080.000-52%15578808.000-4%14496240.000+3%
Usd Revenue--335597160.000335597160.0000%369557040.000-9%257342016.000+30%241798420.000+39%
Usd Total Gains Per Share--0.0570.0570%0.122-53%0.094-40%0.106-46%
 EOD+5 -3MRQTTM+0 -0YOY+12 -245Y+12 -2410Y+16 -20

3.2. Fundamental Score

Let's check the fundamental score of Laxmi Organic Industries Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1551.985
Price to Book Ratio (EOD)Between0-14.585
Net Profit Margin (MRQ)Greater than00.045
Operating Margin (MRQ)Greater than00.066
Quick Ratio (MRQ)Greater than11.125
Current Ratio (MRQ)Greater than11.466
Debt to Asset Ratio (MRQ)Less than10.414
Debt to Equity Ratio (MRQ)Less than10.708
Return on Equity (MRQ)Greater than0.150.088
Return on Assets (MRQ)Greater than0.050.052
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Laxmi Organic Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.136
Ma 20Greater thanMa 50240.265
Ma 50Greater thanMa 100255.725
Ma 100Greater thanMa 200267.511
OpenGreater thanClose233.600
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets24,122,000
Total Liabilities9,998,160
Total Stockholder Equity14,117,700
 As reported
Total Liabilities 9,998,160
Total Stockholder Equity+ 14,117,700
Total Assets = 24,122,000

Assets

Total Assets24,122,000
Total Current Assets12,167,450
Long-term Assets11,954,550
Total Current Assets
Cash And Cash Equivalents 810,140
Short-term Investments 1,412,100
Net Receivables 5,702,470
Inventory 2,942,140
Other Current Assets 1,300,600
Total Current Assets  (as reported)12,167,450
Total Current Assets  (calculated)12,167,450
+/-0
Long-term Assets
Property Plant Equipment 11,612,090
Intangible Assets 4,480
Long-term Assets Other 206,820
Long-term Assets  (as reported)11,954,550
Long-term Assets  (calculated)11,823,390
+/- 131,160

Liabilities & Shareholders' Equity

Total Current Liabilities8,301,180
Long-term Liabilities1,696,980
Total Stockholder Equity14,117,700
Total Current Liabilities
Short-term Debt 2,672,570
Short Long Term Debt 2,666,310
Accounts payable 4,663,340
Other Current Liabilities 352,950
Total Current Liabilities  (as reported)8,301,180
Total Current Liabilities  (calculated)10,355,170
+/- 2,053,990
Long-term Liabilities
Long term Debt 1,303,400
Capital Lease Obligations 87,480
Long-term Liabilities  (as reported)1,696,980
Long-term Liabilities  (calculated)1,390,880
+/- 306,100
Total Stockholder Equity
Common Stock530,350
Retained Earnings 8,359,790
Accumulated Other Comprehensive Income 336,230
Other Stockholders Equity 4,891,330
Total Stockholder Equity (as reported)14,117,700
Total Stockholder Equity (calculated)14,117,700
+/-0
Other
Capital Stock530,350
Cash and Short Term Investments 2,222,240
Common Stock Shares Outstanding 266,938
Current Deferred Revenue612,320
Liabilities and Stockholders Equity 24,122,000
Net Debt 3,247,050
Net Invested Capital 18,087,410
Net Working Capital 3,866,270
Property Plant and Equipment Gross 11,612,090
Short Long Term Debt Total 4,057,190



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-31
> Total Assets 
8,947,340
10,144,880
10,706,330
18,373,580
22,675,330
24,122,000
24,122,00022,675,33018,373,58010,706,33010,144,8808,947,340
   > Total Current Assets 
5,439,230
6,248,560
6,469,250
13,050,130
14,727,940
12,167,450
12,167,45014,727,94013,050,1306,469,2506,248,5605,439,230
       Cash And Cash Equivalents 
52,360
76,450
241,100
305,460
330,290
810,140
810,140330,290305,460241,10076,45052,360
       Short-term Investments 
0
300,000
-83,830
4,776,000
1,230,380
1,412,100
1,412,1001,230,3804,776,000-83,830300,0000
       Net Receivables 
3,265,170
4,142,670
4,690,360
5,935,390
9,423,430
5,702,470
5,702,4709,423,4305,935,3904,690,3604,142,6703,265,170
       Inventory 
1,458,300
1,707,460
1,518,890
2,033,010
3,736,170
2,942,140
2,942,1403,736,1702,033,0101,518,8901,707,4601,458,300
   > Long-term Assets 
3,508,110
3,896,320
4,237,080
5,323,450
7,947,390
11,954,550
11,954,5507,947,3905,323,4504,237,0803,896,3203,508,110
       Property Plant Equipment 
3,147,720
3,685,590
3,975,510
4,652,540
7,669,940
11,612,090
11,612,0907,669,9404,652,5403,975,5103,685,5903,147,720
       Goodwill 
0
0
0
32,880
32,880
0
032,88032,880000
       Intangible Assets 
85,160
86,020
75,980
77,320
13,890
4,480
4,48013,89077,32075,98086,02085,160
       Long-term Assets Other 
275,230
-20
79,410
700
193,450
206,820
206,820193,45070079,410-20275,230
> Total Liabilities 
5,152,060
5,642,960
6,433,280
8,023,140
9,664,940
9,998,160
9,998,1609,664,9408,023,1406,433,2805,642,9605,152,060
   > Total Current Liabilities 
4,313,950
4,596,730
5,287,120
7,674,910
9,322,540
8,301,180
8,301,1809,322,5407,674,9105,287,1204,596,7304,313,950
       Short-term Debt 
1,638,320
1,028,500
710,760
2,196,940
1,325,930
2,672,570
2,672,5701,325,9302,196,940710,7601,028,5001,638,320
       Short Long Term Debt 
1,619,590
1,007,200
686,870
2,171,060
1,311,510
2,666,310
2,666,3101,311,5102,171,060686,8701,007,2001,619,590
       Accounts payable 
2,141,310
3,155,650
4,116,270
4,749,590
7,116,630
4,663,340
4,663,3407,116,6304,749,5904,116,2703,155,6502,141,310
       Other Current Liabilities 
400,200
362,760
1,170,830
29,790
14,050
352,950
352,95014,05029,7901,170,830362,760400,200
   > Long-term Liabilities 
838,110
1,046,230
1,146,160
348,230
342,400
1,696,980
1,696,980342,400348,2301,146,1601,046,230838,110
       Long term Debt 
531,010
746,060
901,530
98,660
21,660
1,303,400
1,303,40021,66098,660901,530746,060531,010
       Capital Lease Obligations 
141,680
128,770
107,460
83,580
58,110
87,480
87,48058,11083,580107,460128,770141,680
       Other Liabilities 
184,150
192,700
148,460
191,870
277,050
0
0277,050191,870148,460192,700184,150
       Long-term Liabilities Other 
5,950
0
10
0
0
0
0001005,950
> Total Stockholder Equity
3,793,200
4,498,450
4,269,180
10,345,900
13,006,710
14,117,700
14,117,70013,006,71010,345,9004,269,1804,498,4503,793,200
   Common Stock
100,090
500,450
450,160
527,330
527,330
530,350
530,350527,330527,330450,160500,450100,090
   Retained Earnings 
2,814,710
3,119,160
3,713,100
4,900,830
7,321,630
8,359,790
8,359,7907,321,6304,900,8303,713,1003,119,1602,814,710
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
878,400
878,840
105,920
4,765,860
4,780,230
4,891,330
4,891,3304,780,2304,765,860105,920878,840878,400



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue27,966,430
Cost of Revenue-18,552,240
Gross Profit9,414,1909,414,190
 
Operating Income (+$)
Gross Profit9,414,190
Operating Expense-7,693,010
Operating Income1,814,5001,721,180
 
Operating Expense (+$)
Research Development137,580
Selling General Administrative384,880
Selling And Marketing Expenses1,011,070
Operating Expense7,693,0101,533,530
 
Net Interest Income (+$)
Interest Income81,610
Interest Expense-112,580
Other Finance Cost-81,610
Net Interest Income-112,580
 
Pretax Income (+$)
Operating Income1,814,500
Net Interest Income-112,580
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,729,1301,899,870
EBIT - interestExpense = 1,729,130
1,728,730
1,358,300
Interest Expense112,580
Earnings Before Interest and Taxes (EBIT)1,841,7101,841,710
Earnings Before Interest and Taxes (EBITDA)2,565,830
 
After tax Income (+$)
Income Before Tax1,729,130
Tax Provision-483,010
Net Income From Continuing Ops1,246,1201,246,120
Net Income1,245,720
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses26,245,250
Total Other Income/Expenses Net-85,370112,580
 

Technical Analysis of Laxmi
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Laxmi. The general trend of Laxmi is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Laxmi's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Laxmi Organic Industries Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 246.02 < 248.57 < 249.50.

The bearish price targets are: 221.80 > 220.97.

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Laxmi Organic Industries Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Laxmi Organic Industries Limited. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Laxmi Organic Industries Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Laxmi Organic Industries Limited. The current macd is -7.28652442.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Laxmi price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Laxmi. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Laxmi price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Laxmi Organic Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartLaxmi Organic Industries Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Laxmi Organic Industries Limited. The current adx is 33.12.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Laxmi shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Laxmi Organic Industries Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Laxmi Organic Industries Limited. The current sar is 223.45.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Laxmi Organic Industries Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Laxmi Organic Industries Limited. The current rsi is 43.14. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Laxmi Organic Industries Limited Daily Relative Strength Index (RSI) ChartLaxmi Organic Industries Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Laxmi Organic Industries Limited. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Laxmi price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Laxmi Organic Industries Limited Daily Stochastic Oscillator ChartLaxmi Organic Industries Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Laxmi Organic Industries Limited. The current cci is -25.97047262.

Laxmi Organic Industries Limited Daily Commodity Channel Index (CCI) ChartLaxmi Organic Industries Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Laxmi Organic Industries Limited. The current cmo is -7.97653317.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Laxmi Organic Industries Limited Daily Chande Momentum Oscillator (CMO) ChartLaxmi Organic Industries Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Laxmi Organic Industries Limited. The current willr is -61.9858156.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Laxmi is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Laxmi Organic Industries Limited Daily Williams %R ChartLaxmi Organic Industries Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Laxmi Organic Industries Limited.

Laxmi Organic Industries Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Laxmi Organic Industries Limited. The current atr is 9.22469144.

Laxmi Organic Industries Limited Daily Average True Range (ATR) ChartLaxmi Organic Industries Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Laxmi Organic Industries Limited. The current obv is 114,552,151.

Laxmi Organic Industries Limited Daily On-Balance Volume (OBV) ChartLaxmi Organic Industries Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Laxmi Organic Industries Limited. The current mfi is 66.89.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Laxmi Organic Industries Limited Daily Money Flow Index (MFI) ChartLaxmi Organic Industries Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Laxmi Organic Industries Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Laxmi Organic Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Laxmi Organic Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.136
Ma 20Greater thanMa 50240.265
Ma 50Greater thanMa 100255.725
Ma 100Greater thanMa 200267.511
OpenGreater thanClose233.600
Total0/5 (0.0%)
Penke

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