India's Neogen Chemicals gains on Q3 profit surge
03/02/2025 05:19
** Neogen Chemicals NEOE.NS rises 2.1% to 2,036 rupees
** Specialty chemicals maker posts nine-fold surge on-year
in Q3 consol profit; rev from ops up 23%
** Says growth aided by strong volumes, increased plant
utilization, operational efficiencies and lower employee costs
** More than 147,000 shares traded, 3.4x the 30-day avg
** Stock rated "buy" on avg; median PT is 2,070 rupees -
LSEG
** NEOE gained 51% in 2024
(Reporting by Ashna Teresa Britto in Bengaluru)
((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))
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