According to media reports, the RBI has now allowed FII investment up to 32.46 percent in the company.
Sequent Scientific has rallied over 6 percent to touch a high at Rs. 576 after the Central Bank hiked the FII investment limit in the company.
According to media reports, the RBI has now allowed FII investment up to 32.46 percent in the company.
As per the shareholding pattern for the quarter ended March 2015, FIIs held 6.60 percent equity in the company.
The stock is now up 6 percent at Rs. 575.
The counter has seen trades of around 4,911-odd shares as against the two-week daily average volume of around 18,000-odd shares on the BSE.
Meanwhile, the Sensex is up 46 points at 27,252.
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