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We will now begin a new journey to build a new India, says Narendra Modi

272/543
L :0
W :353
L :0
W :92
NDA :353
UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
TMC
22
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YSRCP
22
+
Other
53
Market

Neogen Chemicals IPO: Here's why analysts have mixed recommendations

Updated : April 24, 2019 12:38 PM IST

Through the IPO, Neogen Chemicals is looking to raise about Rs 70 crore by issuing fresh equity shares, with promoters offloading 29 lakh shares.
Anand Rathi recommends ‘Subscribe’ considering the company’s ability to grow profitably and command better return ratios.
Choice Broking Research says ‘Avoid’ the IPO as it is valued at a P/E multiple of 47.8x which is at a premium to its peer average of 38.8x.
Neogen Chemicals IPO: Here's why analysts have mixed recommendations
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