India's Neogen Chemicals gains as pollution board lifts restriction on Dahej plant
Mon 06:39
BUZZ-India's Neogen Chemicals gains as pollution board lifts restriction on Dahej plant ** Shares of India's Neogen Chemicals NEOE.NS rise as much as 2.7% to 2,698.70 rupees
** Specialty chemicals maker says Gujarat Pollution Control Board (GPCB) revoked its previous non-utilisation direction regarding the company's Dahej SEZ facility, which was impacted by a fire incident in March 2025
** Co adds GPCB granted provisional consent for manufacturing activities at the site, valid through March 19, 2030
** Stock rated "buy" on average by 11 analysts; median PT is 2,380 rupees - LSEG-compiled data
** Stock more than doubles YTD
(Reporting by Payel Das in Bengaluru)
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