Wockhardt jumps on good Q3 results

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Capital Market
Last Updated : Feb 05 2015 | 12:01 AM IST

Wockhardt jumped 5.01% to Rs 1,241.70 at 14:45 IST on BSE after consolidated net profit rose 14.05% to Rs 347.25 crore on 4.03% rise in total income to Rs 1376.03 crore in Q3 December 2014 over Q3 December 2013.

The company announced Q3 result during market hours today, 4 February 2015.

Meanwhile, the BSE Sensex was up 19.96 points, or 0.1%, to 29,029.33.

On BSE, so far 1.24 lakh shares were traded in the counter, compared with an average volume of 3.04 lakh shares in the past one quarter.

The stock of large-cap pharma company hit a high of Rs 1,250, also a 52-week high for the stock. The stock hit a low of Rs 1,154.15 so far during the day. The stock hit a 52-week low of Rs 390.30 on 14 February 2014.

Wockhardt's board of directors approved re-appointment of Dr. Habil Khorakiwala as Chairman for a further period of five years from 1 March 2015 to 29 February 2020.

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First Published: Feb 04 2015 | 1:49 PM IST

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