I had gone through latest concall wherein management touched upon briefly on demand scenario from export segment i.e. Europe mainly. But any view based on current situation wherein there could be major disruption on economic activity from these geographies and possible impact on EBIDTA. They have 40% revenue from export in SI segment and which is expected to drive EBIDTA margin compared to AI segment
Stock trading in lower 52 week range currently
Hi Hitesh,
Since your last comment, the speciality chemical companies have correct a lot including Laxmi Organics. I have started tracking this company. Can you please share your views on this company now
I don’t track Laxmi Organics. My comments you quoted were more generic in nature with respect to the whole chemical sector which seemed overheated back in late 2021. Since then most of these fancied chemical stocks have corrected big time or have not moved up much (barring a few speciality chem companies like fluorochem or navin fluorine or some other such specialised companies).
As of now charts of Laxmi organics also does not show too much to be excited about. I prefer to be in sectors that have some tailwinds and that have strong chart formations.
Company declared Sep 2022 quarter results today. Flat revenue and margin continues to remain under pressure.
I was studying this company and it seems like the tide has started turning:
However, the Pitroski score is just 3 which is keeping me away from this stock. Can anyone help me understand? why this stock has such low Pitroski score
How to follow any person.
If you mean how to follow someone on the VP forum, you can check @basumallick posts on his thread. He has outlined a way to do it since the forum has no direct way to follow.
Why the taxes of laxmi is so volatile?
from investing point of view , my opinion
when you calculate laxmi origanic with SIP monthly calculator ,
it is coming negative 16.33 % , which is fair enough as small cap
everyone has their own approach
my opinion , risk is fair enough as small cap
its one decision to stay invested or not
you might be seeing current negative 53% in 5 year chart , but when you compare it to IPO price ,
you will understand the situation , i.e long term situation with the help of technical analysis and charts
thanks ,
Hitesh Gangwani
Disclosure : invested only 10 shares at 434 price ( -42 % on this stock got me to research on this stock for long term )
