Share Market Tips: Shares of this chemical company made investors rich, know how much returns – neogen chemicals stock delivered stellar returns
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The company’s net revenue grew 30.87% year-on-year to Rs 148 crore in Q2FY23 on a consolidated basis. At the same time, the profit declined by 11.6% year-on-year to Rs 9.8 crore. The stock is currently trading at a TTM PE of 64.80x as against industry PE of 27.12x. The company has achieved ROE and ROCE of 14.33% and 14.34% respectively. The company is included in Group A shares. The market capitalization of the company is Rs 3,070.40 crore.
Today the company’s stock opened at Rs 1226.45. It went up to a high of Rs.1245.05 and a low of Rs.1225. The 52-week high and low levels of the stock are Rs 1795 and Rs 1201.25 respectively.
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