This specialty chemical stock surges 24% in 5 days. HDFC Securities has 'Buy'
The brokerage believes the improvement in share of custom synthesis manufacturing & advanced intermediates to result in strengthening of the chemical company's balance sheet
Shares of Neogen Chemicals Ltd (NCL) were trading over 8% higher to ₹1,190 per share on the BSE in Wednesday's early deals, with the stock registering a surge of nearly 24% in the last five trading sessions. Neogen Chemicals is a leading manufacturer of bromine and lithium-based derivatives in India with technocrat promoters at the helm.
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