Wockhardt to supply Covid-19 vaccines to UK govt; stock soars 27% in 3 days

The UK government has also reserved one fill-and-finish production line at a Wockhardt subsidiary in Wrexham, Wales for its exclusive use for the next 18 months to secure supply

Shares of Wockhardt extended their gains into third consecutive day, and were locked in the 10 per cent upper circuit band at Rs 334 apiece, on the BSE on Tuesday after the company said it will supply millions of doses of multiple Covid-19 vaccines, including that being developed by AstraZeneca and Oxford University, under a deal with the UK government.

With today's gains, the stock has rallied 28 per cent in the past three days as against 2 per cent decline in the benchmark S&P BSE Sensex. The stock had hit a 52-week high of FRs 411 on the BSE on