NEOGEN CHEMICALS SHARE PRICE TARGET 2023, 2024, 2025 to 2030

Latest news about Neogen Chemicals 

➤Following its exclusive technology transfer agreement with Mitsubishi Chemical Corp.’s subsidiary, MU Ionic Solutions Corp., Neogen Chemicals proposes to invest Rs 450 crore as an initial investment to establish a 10,000 metric tonne electrolyte production capacity in India. The maker of specialty chemicals will use the capacity to supply India’s anticipated demand for lithium-ion bat

➤The Neogen Chemicals board of directors has proposed a final dividend of Rs. 3 per equity share for the fiscal year 2022–2023, subject to shareholder approval at the company’s next annual general meeting.

How to purchase Neogen Chemicals shares?

Below are the trading platforms that you can use to purchase Neogen Chemicals shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Neogen Chemicals Share Price Target: 2023 to 2030

Neogen Chemicals Share Price Target 2023

In 2023, Neogen Chemicals has captured the attention of investors with a promising share price forecast. As of October, the stock is projected to reach a maximum of ₹1,911.80 and a minimum of ₹1,738.00. These numbers indicate a potential range for investors to consider.

Looking ahead to November, expectations remain positive, with a maximum price estimate of ₹1,874.31 and a minimum of ₹1,703.92. December brings further optimism, with projections showing a maximum of ₹1,936.17 and a minimum of ₹1,760.15. These forecasts reflect the growing interest in Neogen Chemicals and its potential for growth, making it an enticing prospect for those seeking investment opportunities.

Neogen Chemicals Share Price Target 2024

According to the table, the maximum share price target for Neogen Chemicals in 2024 is ₹2,259.35, and the minimum share price target is ₹1,717.98. Based on this data, we can see that there is potential for strong returns in 2024, particularly in the earlier months of the year. However, the later months of 2024 show a slightly bearish trend, with the share price target decreasing from October through December.

It’s important to note that the share price target is subject to various market and economic factors, and these predictions are not guaranteed. Nonetheless, Neogen Chemicals has shown strong growth in recent years, and investors may consider this stock as part of a well-diversified portfolio.

Neogen Chemicals Share Price Target 2025

Based on the data provided, Neogen Chemicals’ share price target for 2025 ranges from a minimum of ₹1,772.72 to a maximum of ₹2,754.46. The average target for 2025 is approximately ₹2,323.60. With a current share price of around ₹1,700, this implies a potential upside for investors in the range of 3% to 61%.

However, it’s essential to remember that stock price movements are influenced by various factors, including company performance, economic conditions, and market sentiment. Therefore, investors should conduct their own research and consult with financial advisors before making any investment decisions. Overall, Neogen Chemicals appears to have a positive outlook, and many analysts are considering it as a potential long-term investment opportunity.

Neogen Chemicals Share Price Target 2026 To 2030

Based on the provided data, Neogen Chemicals’ share price targets for the years 2026 to 2030 suggest a positive and potentially lucrative outlook for investors. In 2026, the maximum price target is expected to be ₹2,892.19, with a minimum of ₹2,024.53. The subsequent years show a progressive trend with the maximum price target reaching ₹3,181.41 in 2027, ₹4,453.97 in 2028, ₹3,856.25 in 2029, and ₹5,013.13 in 2030.

This indicates a bullish growth trajectory. For long-term investors, these projections imply significant potential returns, with the maximum price target expected to surge to ₹10,988.32 by 2030. It’s important to remember that these are projections and actual performance can vary due to various market factors. Nonetheless, Neogen Chemicals appears to present an attractive long-term investment opportunity.

Financial Condition of Neogen Chemicals: Last 5 years

Neogen Chemicals share price target by Experts

HDFC Securities on Neogen Chemicals share price target

Sharekhan on Neogen Chemicals share price target

Sharekhan has given a buy call on Neogen Chemicals. According to him, you can continue buying Neogen Chemicals share with a target price of Rs1386.

Motilal Oswal on Neogen Chemicals share price target

Motilal Oswal has given a buy call on Neogen Chemicals. According to him, you can continue buying Neogen Chemicals share with a target price of Rs1400.

FAQS

What has been the historical performance of Neogen Chemicals’ share price?

Over the past five years, Neogen Chemicals’ share price has shown a significant upward trend, rising from INR 341.15 in March 2020 to INR 1,744.40 in March 2022.

What factors have contributed to the rise in Neogen Chemicals’ share price?

The rise in Neogen Chemicals’ share price can be attributed to the company’s strong financial performance, increasing revenue and profit growth, and positive market sentiment towards the specialty chemicals industry.

Can Neogen Chemicals’ share price reach INR 10,000 by 2025?

It is difficult to predict with certainty whether Neogen Chemicals’ share price will reach INR 10,000 by 2025. However, the company’s strong financial performance and positive market outlook could support further growth.

What is the company’s revenue and profit growth outlook for the future?

Neogen Chemicals has demonstrated consistent revenue and profit growth over the past five years and is expected to continue this trend in the future as it expands its product portfolio and enters new markets.

What are the major risks to Neogen Chemicals’ share price growth?

The major risks to Neogen Chemicals’ share price growth include changes in government regulations, global economic instability, and increased competition in the specialty chemicals industry.

What is the company’s dividend payout policy?

Neogen Chemicals’ dividend payout policy has remained relatively stable over the years, with the company consistently paying out a portion of its earnings to shareholders.

What are the key drivers of Neogen Chemicals’ growth strategy?

Neogen Chemicals’ growth strategy is primarily focused on expanding its product portfolio, entering new markets, and investing in research and development.

What are the company’s major competitive advantages?

Neogen Chemicals’ major competitive advantages include its strong research and development capabilities, diverse product portfolio, and established presence in the specialty chemicals industry.

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Conclusion

Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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