Sunday, September 6, 2020

Sequent Scientific Limited | Top Performing Stock in Lock Down


Sequent Scientific Limited 

Stock/Share Price: 134

➽ In this article we will discuss recent development in the StockShare of Sequent Scientific Limited in the Stock Market. Sequent delivered more than 200% returns in previous 4 months.

Recent Key Strengths

➽Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Company with Low Debt

Book Value per share Improving for last 2 years

Company with decreasing Promoter pledge

Recent Results : Growth in Operating Profit with increase in operating margins (YoY)

Near 52 Week High

Strong Momentum: Price above short, medium and long term moving averages

MFs increased their shareholding last quarter

Recent Weaknesses

Big Deal (Insider and SAST) sells last month greater than 1% of total shares

Promoter decreasing their shareholding

Declining Net Cash Flow : Companies not able to generate net cash

Companies with High Promoter Pledge

Highest promoter stock pledges

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Technical Chart 

sequent share price chart

SEQUENT share delivered more than 200% returns in past 4 months.

Price of the stock is in very strong uptrend and momentum in the previous few months.

Recently stock made a lifetime high of 145 and from there it was in a minor price correction.Now the stock after bottoming out and consolidation started rising again with good price momentum with price breakout of 133 level.

Now the next resistance of the stock is at its lifetime high of 145 and it can now make another lifetime high.So this stock should be in watch list for long position. 

Recent Valuation Summary

sequent share price chart

SEQUENT valuation is now very stretched it is trading at a P/E of 124 which is far more than industrial P/E average of 36. It has market cap of 3353 cr.

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Recent Annual Results

sequent share price chart

SEQUENT on annual result front performing very well. It's annual sales and Net profit growth for the previous 3 years increased significantly.

Key Balance Sheet Summary

sequent share price chart

Reserves and surplus increasing for the previous 3 years showing positive sign.

Thanks for your Precious Time.

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r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.

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