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SEQUENT SCIENTIFIC Gains 7%; BSE HEALTHCARE Index Up 0.6%
Mon, 19 Aug 12:23

SEQUENT SCIENTIFIC Gains 7%; BSE HEALTHCARE Index Up 0.6%Image source: alexsl/www.istockphoto.com

SEQUENT SCIENTIFIC share price has zoomed 7% and is presently trading at Rs 152.5.

Meanwhile, the BSE HEALTHCARE index is at 41,421.4 (up 0.6%).

Among the top gainers in the BSE HEALTHCARE index today are CAPLIN POINT (up 12.8%) and POLY MEDICURE (up 6.0%).

SUVEN PHARMACEUTICALS (down 2.6%) and FORTIS HEALTHCARE (down 2.1%) are among the top losers today.

Over the last one year, SEQUENT SCIENTIFIC has moved up from Rs 89.0 to Rs 152.5, registering a gain of Rs 63.5 (up 71.4%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,819.2 to 41,421.4, registering a gain of 48.9% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 127.6%), Jubilant Pharmova (up 109.2%) and GSK Pharma (up 107.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,468.3 .

The top gainers among the BSE Sensex today are Tata Steel (up 1.5%) and NTPC (up 1.1%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,575.3 (up 0.1%). Hindalco and BPCL are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 80,468.3, registering a gain of 15,066.4 points (up 23.0%).

SEQUENT SCIENTIFIC Financial Update...

SEQUENT SCIENTIFIC net profit grew 126.1% YoY to Rs 91 million for the quarter ended June 2024, compared to a loss of Rs 347 million a year ago. Net sales rose 17.1% to Rs 3,902 million during the period as against Rs 3,332 million in April-June 2023.

For the year ended March 2023, SEQUENT SCIENTIFIC reported 372.5% decrease in net profit to Rs -1,220 million compared to net profit of Rs 448 million during FY22. Revenue of the company grew 0.6% to Rs 14,209 million during FY23.

The current Price to earnings ratio of SEQUENT SCIENTIFIC, based on rolling 12 month earnings, stands at 269.4.


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