Wockhardt turns volatile after Q2 results

Wockhardt was down 0.09% to Rs 1,524.05 at 14:44 IST on BSE after consolidated net profit rose 2863.91% to Rs 107.59 crore on 22.60% rise in total income to Rs 1222.50 crore in Q2 September 2015 over Q2 September 2014.

The result was announced during trading hours today, 13 November 2015.

Meanwhile, the BSE Sensex was down 249.50 points, or 0.96%, to 25,617.45.

On BSE, so far 3.04 lakh shares were traded in the counter, compared with an average volume of 2.35 lakh shares in the past one quarter.

The stock rose 2.79% at the day's high of Rs 1,568 so far during the day. The stock fell 4.75% at the day's low of Rs 1,453 so far during the day.

The stock hit a 52-week high of Rs 2,000 on 8 April 2015. The stock hit a 52-week low of Rs 769.90 on 17 November 2014.

The stock had outperformed the market over the past one month till 11 November 2015, falling 1.51% compared with 4.48% decline in the Sensex. The scrip had, however, underperformed the market in past one quarter, falling 7.69% as against Sensex's 7.17% decline.

The large-cap company has an equity capital of Rs 55.25 crore. Face value per share is Rs 5.

Wockhardt is a research based and technology intensive global pharmaceutical and biotechnology company.

Powered by Capital Market - Live News