Vishal Malkan, CMT at www.malkansview.com told CNBC-TV18, "I would definitely say to hold Wockhardt because the worst is over and it is trying to build some base in the last couple of months. If the investor holds with a stoploss of Rs 500 we can see a target of around Rs 700 in the next 3-4 months."
On September 23, 2013 Wockhardt closed at Rs 582.25, down Rs 7.05, or 1.20 percent.
The share touched its 52-week high Rs 2,166.05 and 52-week low Rs 344.15 on 12 March, 2013 and 08 August, 2013, respectively.
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