Wockhardt zooms despite reporting consolidated internet lack of Rs 23 crore in Q2

Wockhardt zooms despite reporting consolidated internet lack of Rs 23 crore in Q2

by admin- Monday, November 12th, 2018 04:59:00 PM

Wockhardt is presently trading at Rs. 560.Forty five, up with the aid of 39.20 points or 7.Fifty two% from its preceding remaining of Rs. 521.25 on the BSE.

The scrip opened at Rs. 525.00 and has touched a high and occasional of Rs. 566.Eighty and Rs. 525.00 respectively. So a long way 320735 stocks were traded at the counter.

The BSE group ‘A’ stock of face cost Rs. Five has touched a fifty two week excessive of Rs. 1012.00 on 08-Jan-2018 and a 52 week low of Rs. 437.10 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 566.Eighty and Rs. 500.10 respectively. The contemporary market cap of the corporation is Rs. 6195.Sixty six crore.

The promoters maintaining inside the corporation stood at seventy four.09%, even as Institutions and Non-Institutions held 9.14% and sixteen.77% respectively.

Wockhardt has mentioned a fall of 79.86% in its internet earnings at Rs 5.10 crore for the region below evaluate ended September 30, 2018 as compared to Rs 25.32 crore for the equal zone inside the preceding year. However, general profits of the employer elevated by using 6.Ninety five% at Rs 642.Ninety seven crore for Q2FY19 in comparison Rs 601.Sixteen crore for the corresponding region previous year.

On the consolidated basis, the organisation has reported net loss of Rs 22.77 crore for the quarter ended September 30, 2018 in comparison to net lack of Rs 3.33 crore for the equal region inside the preceding yr. However, general consolidated income of the business enterprise elevated by five.10% at Rs 1,131.77 crore for Q2FY19 as compared Rs 1,076.83 crore for the corresponding region preceding year.

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