1448.8000 2.30 (0.16%)
NSE Aug 06, 2025 15:49 PM
Volume: 19,456
 

1448.80
0.16%
IDBI Capital
Neogen Chemicals (Neogen) delivered a fair financial performance in the quarter. The performance was led by higher volumes across various product categories. Revenue for Organic chemicals segment grew by 16% YoY while the revenue for the inorganic chemicals segment declined by 42% YoY. We are cognizant of the slowdown in the overall EV ramp up and delays in customer approval in light of the global tariff uncertainties. However we continue to remain positive on the battery chemicals theme as growth from EVs and Battery Energy Storage Systems (BESS) will necessitate the creation of a domestic supply...
IDBI Capital decreased Buy price target of Neogen Chemicals Ltd. to 2294.0 on 04 Aug, 2025.
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