Thursday, 19 March 2015

Good Health! Wockhardt soars to fresh 52-week high

The stock has rallied 5.5 per cent in early deals on clean chit from the US FDA L1-Chikalthana plant inspection. 

Wockhardt rallied nearly 5.5 per cent to hit a fresh 52-week high at Rs. 1,980 this morning on the back of positive news flow.

According to a release issued by the company to the BSE, Wockhardt has reported that the US FDA reported No findings with regards to its inspection on data security at L1-Chikalthana.

The stock is now up 3.9 per cent at Rs. 1,953. The counter has seen trades of around 90,000 shares as against the two-week daily average volume of around 286,000 shares on the BSE.

Meanwhile, the Sensex has surged 186 points to 28,808 

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