Wockhardt gallops 11%

The scrip opened at Rs. 814 and has touched a high and low of Rs. 898.5 and Rs. 813.05 respectively.

Wockhardt zoomed 10.4% to Rs.887.40 on BSE. The stock hit an upper circuit at Rs.883.85 on BSE. On Feb 24, Wockhardt’s promoter has bought 4.323 crore non-convertible preference shares and 1.853 crore optionally convertible preference shares for Rs.36 crore.

The scrip opened at Rs. 814 and has touched a high and low of Rs. 898.5 and Rs. 813.05 respectively. 

So far 3075,490 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 8879.39 crore.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2000 on 08-Apr-2015 and a 52 week low of Rs. 706.35 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 812 and Rs. 752.6 respectively.

The promoters holding in the company stood at 74.19 % while Institutions and Non-Institutions held 11.88 % and 13.8 % respectively.

The stock is currently trading above its 200 DMA.