Neogen Chemicals Shows Strong Performance Amidst Sector Volatility and Market Trends

Neogen Chemicals, a midcap player in the chemicals industry, has shown significant activity today, with a notable increase of 6.35% on January 20, 2025. This performance outpaced its sector by 6.69%, indicating a robust standing relative to peers. The stock reached an intraday high of Rs 2092.6, reflecting a rise of 6.48% during the trading session.
The stock exhibited high volatility, with an intraday volatility rate of 6.23%, derived from the weighted average price. In terms of moving averages, Neogen Chemicals is currently positioned above the 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average.

In comparison to the broader market, Neogen Chemicals recorded a 1-day performance of 6.63%, while the Sensex only gained 0.33%. Over the past month, the stock has demonstrated a performance increase of 1.20%, contrasting with the Sensex's decline of 1.50%. This recent activity underscores Neogen Chemicals' dynamic position within the chemicals sector.