Laxmi Organic shares close with nearly 27% jump in debut trade

Shares of speciality chemicals manufacturer Laxmi Organic Industries Ltd closed with a premium of nearly 27 percent on Thursday as against its issue price of Rs 130.

It listed at Rs 156.20, a gain of 20.15 percent from the issue price on BSE. During the day, the stock jumped 34.23 percent to Rs 174.50.

It closed at Rs 164.60, a gain of 26.61 percent. On NSE, it debuted at Rs 155.50, a jump of 19.61 percent.

Later, it closed at Rs 164.05, a gain of 26.19 percent.