Wockhardt up in the green

Wockhardt announced late yesterday evening that its manufacturing unit at L-1, Chikalthana, Aurangabad by UK MHRA has since been completed and there were no critical observations. This is the same plant, which earlier got clearance from US FDA which too said about that Chikalthana plant that it had found no issues with respect to data security and control measures but suggested continuous voluntary compliance for "desired quality culture".

The market is thrilled that the company’s plant has received clearance from both UK as well as USA authorities. The stock, like yesterday, is up in the green even today; currently up almost 3% at Rs.1585 with an intra day high of Rs.1597.