sequent scientific ltd-Fundamental and Technical Analysis view

CEO: Manish Gupta

Founded: 1985

Small Cap Company, market cap: 4021 (Cr)

Website: www.sequent.in

Sector: Pharmaceuticals

Fundamental View

Profit making company, it is in increasing order from the last 3 years. The company is with low debt. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

QuarterlyJUN 2020MAR 2020DEC 2019SEP 2019JUN 2019
Sales5962615152
Other Income23272
Total Income6165635854
Total Expenditure5154585051
EBIT911572
Interest11111
Tax131-3
Net Profit662101

Trending

                In this pandemic situation of COVID – 19 all businesses were closed but only Pharma sector was performed well because of pharma sector has got medicine orders hence business never stopped and that is essential, other businesses affected a lot by profit margin but Pharma is performing well.

Technical Analysis:

Inverted Head and Shoulder found on the chart on daily basis. Price has given positive breakout on the weekly candle, this chart expecting positive movement in short -term. The breakout point is 156 buy above 158 and keeps the stop loss on 150, for the target 170 for short-term and 186 medium-term.

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