Multibagger chemical stock gives over 430% return in 3 years since IPO. Should you buy post Q2?1 min read 09 Nov 2022, 12:59 PM IST
Neogen Chemicals shares have given multibagger return of more than 433% since its stock market debut in May 2019
Neogen’s Q2 FY23 operating profit stood marginally better than analysts' estimates on better than estimated gross margins. Inflationary trend in raw material prices was visible during the quarter, specially in the Lithium prices, which have increased by 4-5x over past 12-24 months, said brokerage and research firm Yes Securities.
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