Buy Sequent Scientific; target of Rs 116: Joindre Capital Services

by Marie Rodriguez

Incorporated in 1985, Sequent Scientific Ltd (SSL) undertakes its animal health business thru Alivira Animal Health Limited, which manufactures veterinary APIs and formulations. Earlier SSL turned into engaged inside the human manufacturing APIs, demerged with impact from October 2017. SSL is now concerned with manufacturing ‗Praziquantel‘– a human and animal API and intermediates. SSL‘s subsidiary – SeQuent Research Limited – offers analytical offerings to the pharma industry. SSL‘s (consolidated) portfolio includes about 23 industrial products in animal health API and over 500 products across 12 dosage bureaucracy. Post demerger of the human API business, it has seven manufacturing centers across India, Spain, Turkey, Brazil, and Germany.

SBI Capital Markets is stated to have shortlisted four potential bidders for the stake sale in Jet Airways as part of the debt resolution method. These consist of TPG Capital, Indigo Partners, Etihad Airways, and NIIF. The qualified bidders are anticipated to put up their binding bids brand new using April 30. It is a critical technique for Jet Airways. This is fighting some of the issues on more than one front to stay operational.

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