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Neogen raises FY27 revenue guidance to ₹1,150 cr

Positive+99

GreyOak summary

Neogen Chemicals raised its standalone revenue guidance for FY27 to ₹1,050-1,150 crore following strong first-half performance. The company expects its battery chemicals business to contribute at least ₹1,000 crore in FY28, supported by new capacities and long-term orders. Full capacity utilization is projected for FY29.

What it affects

  • Raised FY27 revenue guidance to ₹1,050-1,150 crore.Rolling sentiment Positive +63

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