The scrip slipped to Rs 140 and finally settled at Rs 142, down 4.5% from the previous close. The counter clocked small volumes of 83,472 shares on the BSE.
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(Updated at 1221 hrs)
Wockhardt has slipped over 3% on Q2 net loss.
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.
The income, however, was marginally up at Rs 954.15 crore - up 5% from Rs 910.30 crore in the previous fiscal.
Also read: Wockhardt to sell entire nutrition biz to Abbott