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16-Aug2016

Wockhardt slip as its Q1 consolidated net tumbles 83%

Wockhardt is currently trading at Rs. 781.55, down by 29.10 points or 3.59% from its previous closing of Rs. 810.65 on the BSE.

The scrip opened at Rs. 804.00 and has touched a high and low of Rs. 804.00 and Rs. 766.50 respectively. So far 3,08,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1748.20 on 02-Dec-2015 and a 52 week low of Rs. 706.35 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 960.00 and Rs. 766.50 respectively. The current market cap of the company is Rs. 8,639.33 crore.

The promoters holding in the company stood at 74.19%, while Institutions and Non-Institutions held 10.14% and 15.54% respectively.

The company has reported a net profit after tax at Rs 16.33 crore for first quarter ended June 30, 2016 as against a net loss of Rs 31.44 crore for the same quarter in the previous year. Total income of the company increased by 21.03% at Rs 631.80 crore for quarter under review as compared to Rs 522.01 crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has reported 82.65% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 15.89 crore for the quarter ended June 30, 2016 as compared to Rs 91.61 crore for the same quarter in the previous year. Total Income of the company decreased by 5.38% to Rs 1097.83 crore for quarter under review from Rs 1160.30 crore for the quarter ended June 30, 2015.



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