See higher levels in Wockhardt: Ambareesh Baliga

Ambareesh Baliga, independent market expert told CNBC-TV18, "Wockhardt has already doubled in the recent past and you could see again some sort of a bump up. It could top out at levels of closer to about Rs 2,000 -2,050. From an investing point of view I will wait for a while."

At 11:14 hrs Wockhardt was quoting at Rs 1,933, up Rs 54.65, or 2.91 percent. It has touched a 52-week high of Rs 1,980.