What caused the LAXMICOT.NS stock spike on 11 Feb 2026?

The jump followed an earnings announcement dated 09 Feb 2026 and showed unusually high volume of **1,155,756.00**. The surge suggests institutional buying or repositioning after results, but no separate corporate action was filed on the trading day.

How cheap or expensive is LAXMICOT.NS stock vs peers?

LAXMICOT.NS trades at PE **5.56** and PB **0.45**, well below the Consumer Cyclical sector PE of **36.49**, indicating relative cheapness on earnings multiples but higher leverage and inventory risk relative to larger peers.

What are Meyka AI's targets for LAXMICOT.NS stock?

Meyka AI's forecast model projects a yearly price of **₹16.49**, implying **-18.37%** versus current **₹20.20**. Analysts should weigh this model view against resistance near **₹23.05** and the year high **₹33.00**; forecasts are projections, not guarantees.

Should traders act on the high volume in LAXMICOT.NS stock?

High relative volume (~**9.56x**) signals momentum and potential follow-through, but technical indicators show mixed readings. Traders can consider short-term positions with tight risk controls and monitor liquidity and news flow closely.

IN Stocks

LAXMICOT.NS Laxmi Cotspin (NSE) up 42.55% on 1,155,756.00 vol: watch 50-day support

ByHuzaifa Zahoor February 11, 2026

LAXMICOT.NS stock jumped 42.55% to ₹20.20 on 11 Feb 2026 on the NSE, driven by a heavy volume surge of 1,155,756.00 shares versus an average of 27,156.00. The move came after an earnings announcement dated 09 Feb 2026 and left the share price testing the 50-day average at ₹16.98 while clearing intraday highs of ₹20.40. Traders flagged the high relative volume (≈9.56x) as a sign of significant buying interest, making Laxmi Cotspin Limited (LAXMICOT.NS) a clear high-volume mover in today’s market closed session in India.