Monday, August 15, 2016

WOCKHARDT POSTS WORST RESULTS

WOCKHARDT has posted a net profit of profit of associates of Rs. 16 cr for June quarter of 2016 as compared to Rs. 92 cr for the quarter ended June 30, 2015. Total Income has decreased from Rs. 1160 cr for the quarter ended June 30, 2015 to Rs. 1097 cr for the quarter ended June 30, 2016.


The stock has fallen more than 15% in the last one month and 50% in the last one year. The stock closed  at Rs 811, in Friday's trading.


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