Wockhardt shares surged 8.87 per cent to close the day at Rs 176.9 on reports that Fortis Health has agreed to buy 10 of its hospitals. Under the deal, Fortis will acquire three of Wokhardt’s hospitals in Kolkata, two in Mumbai and five in Bangalore.
Fortis plans to add nearly 1,900 beds post the acquisition. Further financial details are awaited. The stock made an intra-day high of Rs 187.35 and a low of Rs 167.95. Total traded volumes stood at 910,000 shares. The scrip made a 52-week high of Rs 214 and a low of Rs 67.5.
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