849.55 -12.20 (-1.42%)
81,956 NSE+BSE Volume
NSEJun 16, 2021 03:31 PM
The 3 reports from 2 analysts offering long term price targets for Neogen Chemicals Ltd. have an average target of 1014.50. The consensus estimate represents an upside of 19.42% from the last price of 849.55.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2021-06-02||Neogen Chemicals Ltd. +||Edelweiss||897.35||989.00||897.35 (-5.33%)||16.41||Buy|
|2021-03-31||Neogen Chemicals Ltd. +||ICICI Securities Limited||860.80||1040.00||860.80 (-1.31%)||22.42||Buy|
ICICI Securities Limited
Both phase 1, 2 expansion at Dahej would expand organic chemical capacity by 3x with a capex of | 130 crore. This would translate into incremental revenue of | 350-375 crore at peak utilisation against overall revenues of | 306 crore currently. We expect the Dahej facility to largely cater to the custom synthesis opportunity with the Vadodara plant catering to advanced intermediates market. Given both these segments have better gross margins compared to the base business, increase in the share of these segments is...
|2020-12-02||Neogen Chemicals Ltd. +||Edelweiss||664.10||758.00||664.10 (27.93%)||Target met||Buy|
|2019-07-23||Neogen Chemicals Ltd. +||Prabhudas Lilladhar||344.05||344.05 (146.93%)||Not Rated|
We met the management of Neogen Chemicals to get an update on company's growth prospects post stellar initial offering. The company is a leading bromine and lithium based specialty chemicals player with OVER 300...