Sequent Scientific had Superb set of Results (₹ in Mlns)
YOY (qtr)👍
REV⬆️₹3902 vs ₹3332 PBT⬆️₹120 vs ₹-556 PAT⬆️₹90 vs ₹-346 EPS⬆️0.26 vs -1.4
QOQ (qtr)👍
REV⬆️₹3902 vs ₹3612 PBT⬆️₹120 vs ₹26 PAT⬆️₹90 vs ₹12.7 EPS⬆️0.26 vs -0.04
The Stock is forming Cup & Handle Pattern with turaround from this quarter. The stock can be added above 158 for Targets of 220/280/340
Strict stoploss of 132.
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News
SeQuent Scientific: Gets prequalification (PQ) approval from WHO for the Albendazole API. This is in partnership with Mepro Pharma, who has successfully developed and commercialised the Albendazole Chewable formulation from its WHO PQ approved plant, using its API. The chewable formulation is the first of its kind approved by the WHO PQ.
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