Neogen Chemicals' Stock Sees Positive Start, Outperforms Sector and Sensex

Neogen Chemicals, a midcap chemical company, saw a positive start to its trading day as its stock opened with a gain of 5.55%. The stock, which is currently trading at Rs 2000, has outperformed the sector by 1.99% today.

The company's stock has been performing well in the past month, with a 1-month performance of 0.10% compared to the Sensex's -2.42%. In the past day, Neogen Chemicals' stock has also outperformed the Sensex with a 2.60% increase.

The stock's moving averages show a positive trend, with the stock being higher than the 100-day and 200-day moving averages. However, it is currently lower than the 5-day, 20-day, and 50-day moving averages.

MarketsMOJO has given a 'Hold' call for Neogen Chemicals' stock, indicating a neutral stance on the company's performance. This is in line with the fact-based style of the company, which focuses on providing accurate and unbiased information to investors.

Neogen Chemicals, a leading player in the chemicals industry, has been making strides in the market with its innovative products and strong financial performance. With a 'Hold' call from MarketsMOJO, investors can make informed decisions about their investments in the company's stock.