Shares of Wockhardt surged 9.29 per cent to Rs 1,580 on Friday, hitting its new 52-week high. The total market capitalization of the company surged over Rs 25,000 crore for the day.
Wockhardt share price: The stock was last seen trading 1.71 per cent up at Rs 1,099. At this price, it has delivered multibagger returns to investors by rallying 133.85 per cent on a year-to-date (YTD) basis.
Wockhardt said that it will launch Zaynich at a steep discount of around 85–90 per cent, which is priced around $15,000 (Rs 12.50 lakh) in the US.
Shares of Wockhardt surged 15.94 per cent to Rs 795.80 on Monday, hitting its new 52-week highs, with a total market capitalization of more than Rs 12,000 crore.
Wockhardt share price: The stock soared 18.88 per cent to hit one-year high of Rs 398.95 over its previous close of Rs 335.60. The multibagger scrip has gained 174.48 per cent from a 52-week low of Rs 145.35, a level seen earlier on March 29 this year.
For Friday, share market analysts at a brokerage have assigned 'Buy' calls on UTI AMC, Wockhardt, Motilal Oswal Financial, ACC and Asian Granito India. Check share price targets, analysis, investment rationale and other crucial details about these technical bets.
The issue will open on March 15 and close on March 22, 2022.
Market cap of Wockhardt rose to Rs 3,695.50 crore as of today's session. The stock price of Wockhardt has gained 21% in one month and 42% since the beginning of the year
Wockhardt stock has gained 18.1% in the last 5 days
The deal comprises a portfolio of 62 brands in multiple therapy areas such as Respiratory, Neurology, VMS, Dermatology, Gastroenterology, Pain and Vaccines
Wockhardt latest medicines: Wockhardt announces two new drugs for skin infections, its shares rise by 14 per cent intraday. Here's what this means