Sequent Scientific Ltd
SEQUENT

129.30

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130.00

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Accumulate
Reco. Price
Rs 128.30
We recommend an ACCUMULATE on the stock on account of increase in revenues of production animal segment. Also acquisition of Lyka Labs will increase market presence of the company. We target stock to trade at EV/Sales of 8.6x in FY17E. (Target Price: Rs. 139)
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50 DMA (.)
115.22
100 DMA (.)
123.29
200 DMA (.)
131.91
Weekly Range (.)
121.50
129.40
Monthly Range (.)
108.00
133.50
52 Weeks Range (.)
106.00
186.00
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