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India Ratings and Research upgrades Sequent Scientific's credit ratings with positive outlook

12 Oct 2020 Evaluate

Credit rating agency -- India Ratings and Research has upgraded the Sequent Scientific's Long-Term Issuer Rating to 'A' from 'A-' while resolving the Rating Watch Evolving (RWE). The Outlook is Positive.

Sequent Scientific is an integrated pharmaceutical company with a global footprint headquartered in Bangalore, India which has presence in different pharmaceutical verticals including APIs, Animal Health, Analytical Services, CRAMS and specialty chemicals. Sequent is the world's largest producer of Anthelmintics and by far the strongest player in the Veterinary API business.

Peers
Company Name CMP
Sun Pharma. Inds. 1846.40
Dr. Reddys Labs. 1206.80
Cipla 1378.00
Lupin 2120.10
Zydus Lifesciences 1161.00
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