Neogen Chemicals Stock Sees -5.09% Decline, Reflecting Market Challenges

Neogen Chemicals, a midcap company in the chemicals industry, saw a decline of -5.09% in its stock on November 18, 2024. This drop was reflected in the stock call given by MarketsMOJO, which advised investors to hold onto their shares.

The stock opened with a loss of -3.52% and continued to underperform the sector by -4.77%. It also touched an intraday low of Rs 1895.2, a decrease of -5.04%. However, the stock's moving averages show a positive trend, with it being higher than the 100 day and 200 day moving averages. It is, however, lower than the 5 day, 20 day, and 50 day moving averages.

In comparison to the Sensex performance, Neogen Chemicals' stock saw a decline of -5.19% in just one day, while the Sensex only saw a decrease of -0.48%. Over the course of one month, the company's stock has seen a decline of -7.01%, while the Sensex has seen a decrease of -4.95%.

While there is no mention of future potential or investor interest, these numbers provide a fact-based overview of Neogen Chemicals' recent performance. With a neutral and informative tone, it is clear that the company has faced some challenges in the market, but it is still holding its own as a midcap player in the chemicals industry.