Wockhardt hits over 7-month high; stock zooms 63% in one month

The stock was trading higher for the third straight day, surging 10 per cent, on the BSE on Tuesday. It was its highest level since June 27, 2019.

Shares of Wockhardt extended their gains to third straight day, surging 10 per cent to hit a 7-month high of Rs 399, on the BSE on Tuesday on back of heavy volumes. The stock was trading at its highest level since June 27, 2019.

Till 11:00 am, a combined 3.67 million shares, representing 3.3 per cent of total equity, of Wockhardt have changed hands on the NSE and BSE.

In the past one month, the stock of the pharmaceutical company has zoomed 63 per cent, as compared to a 0.58 per cent rise in the S&P BSE Sensex. 

On January 16, 2020, the