India's SeQuent Scientific jumps on posting Q1 profit

Viyash Scientific

16/08/2024 08:43

** Shares of SeQuent Scientific  SEQU.NS  jump as much as
~10% before trimming some gains, last up 5% to 145.9 rupees 
    ** The animal healthcare firm reported June-quarter consol
profit of 65 mln rupees ($774,201.23) compared to loss 348.5 mln
rupees a year ago 
    ** Rev from ops grew 17% y/y
    ** Stock hits its highest level since mid-Feb.
    ** SEQU eyes busiest trading day in 22 sessions, over 5 mln
shares traded 
    ** At current price, SEQU up ~7% this week, snapping two
straight weeks of losses 
    



($1 = 83.9575 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))