Sequent Scientific Ltd up by 10.41% - Traders Corners | Espresso

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Espresso shot of the day – Sequent Scientific Ltd up by 10.41 percent

June 29, 2021
Espresso shot of the day – Sequent Scientific Ltd up by 10.41 percent

SEQUENT SCIENTIFIC LTD 322.30 (+10.41%) BSE – INE807F01027 | 29TH JUNE 2021

SeQuent Scientific Ltd. is looking towards the future with courage and confidence, because of the critical role it can play to help make a difference in global economic progress and social wellbeing. Ever since inception in 2002  SeQuent Scientific Ltd.  has emerged as an integrated pharmaceutical company with a global footprint, operating in the domains of Animal Health (API and formulation). They have branded our Animal Health business as Alivira Animal Health with a singular focus to create value in the global animal health space. They cater to unaddressed global market requirements and focus on products for livestock, poultry and companion animals. Their value proposition includes laboratory and technical support services.

Recent Drivers

  • On 17th June, 2021, SeQuent Scientific Ltd. announced that India Ratings and Research has upgraded the Company's Long-Term Issuer Rating to IND A Plus from IND A with outlook being Positive".
  • On 1st April, 2021, SeQuent Scientific Ltd. consolidated its shareholding in Fendigo SA, Belgium to make Fendigo SA by acquiring a 7.5% stake from Bernard Bradfer in Fendigo SA through Alivira Animal Health Limited, Ireland. The company was holding a 92.5% stake in Fendigo SA and after this acquisition, Fendigo SA has become a wholly-owned subsidiary of the company.
  • SeQuent Scientific Ltd. reported quarterly net profit at Rs 37.23 crores in December 2020 up 83.34% from Rs 20.31 crores in December 2019.
  • SeQuent Scientific Ltd. reported net sales at Rs 358.21 crores in December 2020 up 13.21% from Rs 316.42 crores in December 2019.
(Sources: Business Standard, Moneycontrol, BSEIndia, Flip It News)


Technical Force*

  • S&P BSE Small Cap month till date gain up by 6.34%
  • Traded on all time high value of 336.40
  • 3 months avg. volume of NSE: 7,99,210
  • Quantity traded: 10,10,984 | Deliverable quantity: 1,50,489 (14.89%)
  • Stock price has jumped more than 250% from one year low level: 88.65 (June 29, 2020)
  • Daily RSI (14) is in Overbought territory today
  • 52-week-high: 336.40 | 52-week-low: 88.65

Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

342.07

260.53

215.07

133.53

88.07

6.53

-

-

Fibonacci Pivot

260.53

212.02

182.05

162.74

133.53

104.32

85.02

55.05

6.53


Today’s Close

322.30

SMA

BSE

10 DAY

276.14

20 DAY

273.41

50 DAY

275.77

200 DAY

211.74


Some Key Ratios (Source: BSE)

Market Cap: 8,005.00 crores

PE: 206.49

OPM%: 26.79

ROE%: 3.54

Promoters holding%: 53.86

Prev. Close: 291.90

*Chart And Technical Force data taken from the Binge desktop app.

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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.