Wanbury hits the roof

Wanbury was locked at 20% upper circuit at Rs 22.65 at 10:32 IST on BSE, after the company's two manufacturing facilities were classified as acceptable by the Department of Health & Human Services, Public Health Service, Food and Drug Administration.

Meanwhile, the S&P BSE Sensex was down 42.59 points or 0.21% at 19,851.26

On BSE, 54,340 shares were traded in the counter with pending buy orders of 33,791 at upper circuit. The stock's average daily volume is of 3,948 shares in the past one quarter.

The stock hit a high of Rs 22.65 and low of Rs 19.65 so far during the day. The stock had hit a 52-week high of Rs 37.80 on 17 January 2013. The stock had hit a 52-week low of Rs 15.65 on 6 August 2013.

The stock had outperformed the market over the past one month till 26 September 2013, rising 7.39% compared with the Sensex's 7.2% rise. The scrip, however, underperformed the market in past one quarter, falling 3.57% as against Sensex's 7.23% rise.

The small-cap stock has equity capital of Rs 19.97 crore. Face value per share is Rs 10

Wanbury after market hours on Thursday, 26 September 2013 said the company's manufacturing facilities at Patalganga and Tanaku have been classified as acceptable by the Department of Health & Human Services, Public Health Service, Food and Drug Administration, USA (USFDA).

Wanbury reported net loss of Rs 6.72 crore in Q1 June 2013, higher than net loss of Rs 5.58 crore in Q1 June 2012. Net sales rose 7.8% to Rs 103.11 crore in Q1 June 2013 over Q1 June 2012.

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