Wockhardt shares gain on unit merger plan

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Reuters Market Eye - Shares in Wockhardt Ltd rise as much as 3.2 percent to their highest in 14 months.
Traders cite Wockhardt's plans to merge two units with itself.
The proposed consolidation will boost revenues and is good in the long term, traders say.
(Reporting by Indulal PM)
First Published: Sep 10 2014 | 10:18 AM IST