Wockhardt up almost 5%
By
Research Desk
about 7 years ago
Wockhardt is the second top gainer on the BSE currently. The stock is up almost 5% at Rs.722 levels with strong rise in volumes.
The market is happy that UK MHRA has confirmed that the company's manufacturing unit at Kadaiya, Daman complies with the principles and guidelines of Good Manufacturing Practices (GMP). In view of this, the approval status of the said unit continue.
This comes as a great relief for a company which has constantly been the under watch of US FDA and has been consistently getting poor observations for its units. Thus this thumbs up from UK’s MHRA comes as a relief.