Neogen Chemicals' Stock Performance Reflects Strong Growth in the Chemicals Industry

Neogen Chemicals, a midcap company in the chemicals industry, has seen a positive trend in its stock performance. On November 6th, 2024, the company's stock gained 5.04%, closing at Rs 2300.05. This has been reflected in the stock call given by MarketsMOJO, which has rated it as 'Hold'.

The stock is currently trading close to its 52-week high of Rs 2385.95, with a difference of only 3.31%. It has also outperformed the sector by 4.08% today, indicating a strong performance. In the last 2 days, the stock has shown consecutive gains and has risen by 6.25%. It opened with a gain of 2.53% today and reached an intraday high of Rs 2326.5, showing a 6.02% increase.

Neogen Chemicals is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock performance. In comparison to the Sensex, the company's stock has outperformed with a 1-day performance of 5.23% versus the Sensex's 0.73% performance. In the last month, Neogen Chemicals has shown a 1-month performance of 11.74%, while the Sensex has shown a -2.00% performance.

Overall, Neogen Chemicals has shown a strong and positive trend in its stock performance, making it a company to watch out for in the chemicals industry.