Sequent Scientific tanks 17% on weak Q4; stock down 70% from 52-wk high

Shares of Sequent Scientific tanked 17 per cent to hit a fresh 52-week low of Rs 101.45 on the BSE in Thursday’s trade on the back of heavy volumes after the company's consolidated profit after tax (PAT) more-than-halved to Rs 9 crore in the March quarter (Q4FY22).

At 11:19 am; the stock was trading 13 per cent lower at Rs 106.15, as compared to a 0.38 per cent decline in the Sensex. The trading volumes on the counter had doubled with a combined 4.8 million equity shares having changed hands on the NSE and BSE. Moreover, the scrip has