LIC hikes stake in Wockhardt by 1%; stock gains 3.7%

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LIC hikes stake in Wockhardt by 1%; stock gains 3.7%

LIC has hiked stake in Wockhardt by 1% in October-December quarter, reports CNBC-TV18.

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LIC has hiked stake in Wockhardt by 1% in October-December quarter, reports CNBC-TV18.

Wockhardt touched an intraday high of Rs 354 and an intraday low of Rs 328. At 14:05 hrs the share was quoting at Rs 349.30, up Rs 12.65, or 3.76%.
 
It was trading with volumes of 181,750 shares. In the previous trading session, the share closed up 1.19% or Rs 3.95 at Rs 336.65.

Share touched its 52-week high Rs 473.00 and 52-week low Rs 251.25 on 02 Aug, 2011 and 06 Jan, 2012, respectively. Currently, it is trading -26.15% below its 52-week high and 39.02% above its 52-week low. Market capitalisation stands at Rs 3,822.60 crore.