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WOCKHARDT UP 10% ON BOMBAY STOCK EXCHANGE ON NEWS OF STAKE SALE.
MUMBAI, April 1 Asia Pulse - Pharma company Wockhardt Ltd (BSE:532300) on Tuesday surged over 10 per cent on the Bombay Stock Exchange after reports surfaced that Fortis Healthcare (BSE:532843) will acquire a substantial stake in its arm Wockhardt Hospitals.
Shares of the company opened on a firm note at Rs 83.20 (US$1.64), then gained further momentum to touch an intra-day high of Rs 87.95, a jump of 10.21 per cent from its previous closing price on the BSE. ...
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Source: HighBeam Research, WOCKHARDT UP 10% ON BOMBAY STOCK EXCHANGE ON NEWS OF STAKE SALE.