New Delhi, Sept. 11 -- Neogen Chemicals share price came under pressure in Friday's trading session, September 11, after the specialty chemicals company finalised the floor price for its proposed Qualified Institutions Placement (QIP). The stock slipped nearly 5% during intraday trading, even as it has delivered strong returns across several timeframes.

Neogen Chemicals stock declined as much as 4.6% to Rs.2,275.95 per share on the BSE. The fall came a day after the company announced that its fund-raising committee had determined the floor price for the QIP at Rs.2,189.73 per equity share.

The company has fixed September 10, 2026, as the 'Relevant Date' for determining the QIP pricing. According to the company, the floor price has been ...