Wockhardt drops on Q2 net dip

Posted on: July 31, 2009 at 1:17 pm | 96 views

The stock opened slightly up at Rs 150 but started slipping thereafter. It dipped 5.5% from the high to a low of Rs 142. The stock is now trading near its low at Rs 143, down 3.5%. The counter has clocked a volume of 45,179 shares on the BSE so far.

The company reported a net loss of Rs 189.87 crore in the quarter ended June 30, 2009. They has reported a net profit of Rs 105.87 crore in the corresponding quarter in the previous fiscal.

-Business Standard.