Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

ICICI Direct is bullish on Neogen Chemicals recommended buy rating on the stock with a target price of Rs 1680 in its research report dated November 08, 2022.

Buy Neogen Chemicals; target of Rs 1680: ICICI Direct

Neogen Chemicals shares have given multibagger return of more than 433% since its stock market debut in May 2019

Multibagger chemical stock gives over 430% return in 3 yrs since IPO. Buy?

Neogen Chemicals consolidated net profit declines 11.72% in the September 2022 quarter

Fine Organic, Galaxy Surfactants, Neogen Chemicals - Innovation Led Growth Ahead: Nirmal Bang

Neogen Chemicals Q1 Review - Strong Numbers; Outlook Upbeat: ICICI Direct

Neogen Chemicals consolidated net profit rises 50.82% in the June 2022 quarter

Company’s Profit After Tax was reported at Rs11.10 crore in the quarter ended June 30, 2022.

Neogen Chemicals logs 75% y-o-y growth in Revenue for Q1FY23; stock skids ~3%

Neogen Chemicals Ltd., incorporated in the year 1989, is a Small Cap company (having a market cap of Rs 3300.59 Crore) operating in Chemicals sector.

Buy Neogen Chemicals, target price Rs 1870: ICICI Direct

As a part of settlement, the parties have agreed to co-exist without confusion with respect to the use of their respective “Neogen” marks, and subject to the terms of the Agreement.

Neogen Chemicals settles trademark dispute with Neogen Corporation

ICICI Direct is bullish on Neogen Chemicals has recommended buy rating on the stock with a target price of Rs 1870 in its research report dated May 17, 2022.

Buy Neogen Chemicals; target of Rs 1870: ICICI Direct

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Neogen Chemicals Limited is a manufacturer of inorganic chemicals company. The Company is focused on manufacturing bromine and lithium-based specialty chemicals

Neogen Chemicals Ltd

Neogen Chemicals Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy Neogen Chemicals; target of Rs 1680: ICICI Direct

Multibagger chemical stock gives over 430% return in 3 yrs since IPO. Buy?

Neogen Chemicals consolidated net profit declines 11.72% in the September 2022 quarter

Fine Organic, Galaxy Surfactants, Neogen Chemicals - Innovation Led Growth Ahead: Nirmal Bang

Neogen Chemicals Q1 Review - Strong Numbers; Outlook Upbeat: ICICI Direct

Neogen Chemicals consolidated net profit rises 50.82% in the June 2022 quarter

Neogen Chemicals logs 75% y-o-y growth in Revenue for Q1FY23; stock skids ~3%

Neogen Chemicals Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy Neogen Chemicals; target of Rs 1680: ICICI Direct

Multibagger chemical stock gives over 430% return in 3 yrs since IPO. Buy?

Neogen Chemicals consolidated net profit declines 11.72% in the September 2022 quarter

Fine Organic, Galaxy Surfactants, Neogen Chemicals - Innovation Led Growth Ahead: Nirmal Bang

Neogen Chemicals Q1 Review - Strong Numbers; Outlook Upbeat: ICICI Direct

Neogen Chemicals consolidated net profit rises 50.82% in the June 2022 quarter

Neogen Chemicals logs 75% y-o-y growth in Revenue for Q1FY23; stock skids ~3%

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock