Monday, 22 June 2015

Wockhardt jumps 3% on USFDA nod

Wockhardt has received USFDA nod for analgesic drug Oxycodone hydrochloride. 

Wockhardt is trading on a robust note in early morning deals on the BSE, on the back of positive news flow.

According to media reports, Wockhardt has received United States Food & Drug Administration (USFDA) nod for analgesic drug Oxycodone hydrochloride.

Following which, the scrip rallied to a high of Rs. 1,450. Now, Wockhardt is up over 3.5 percent at Rs. 1,446.

The counter has seen trades of around 64,000 shares as against the two-week daily average volume of 255,000 shares.

Meanwhile, the BSE Sensex has gained 153 points at 27,470.

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