Sequent Scientific Ltd.

NSE: SEQUENT | BSE: 512529 | ISIN: INE807F01027 |Industry: Pharmaceuticals
|Expensive Star
153.60 -0.65 (-0.42%)
NSE Oct 22, 2020 15:31 PM
Volume: 897.4K
 

Sequent Scientific Ltd.    
05 Nov 2018
153.60
-0.42%
Nirmal Bang Institutional
Sequent Scientific or SSL's revenues at Rs2,517mn in 2QFY19 were above our estimate by 10.1%. API business surprised us during the quarter as it grew 40%/23% YoY/QoQ, respectively. API business growth was driven by improved geography mix, price increase and volume growth. Around 75% of the growth in API was driven by product mix and price increase. Formulations business performance was adversely impacted by currency depreciation, but the fundamentals remain strong...
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Sequent Scientific L.. has an average target of 146.33 from 3 brokers.
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