Neogen Chemicals up 13% on favourable demand outlook; zooms 46% in 2 weeks

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Neogen Chemicals up 13% on favourable demand outlook; zooms 46% in 2 weeks - Business Standard

Quick Summary:

The stock of the specialty chemicals maker is trading higher for the sixth straight day, surging 40 per cent during the period.

For salts as well, the demand for non-Chinese lithium salts remains strong and is projected to grow at a healthy pace by 2030.

Neogen aims to consolidate its position as a trusted business partner by maintaining consistent product quality and ensuring timely supply, ultimately establishing itself as India’s primary provider of electrolytes for EV applications.