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Wockhardt gains 5% post USFDA clean chit for Chikalthana plant

The US Food & Drug Administration (FDA) has inspected the company's plant, which has lasted for five days and ended on June 10, 2016.

August 03, 2016 / 15:09 IST
     
     
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    Moneycontrol BureauShares of Wockhardt gained 5 percent intraday Wednesday as it has not received Form 483 for its Chikalthana plant.The US Food & Drug Administration (FDA) has inspected the company's plant, which has lasted for five days and ended on June 10, 2016.The company's board meeting is scheduled to be held on August 13, 2016, to consider and approve the unaudited financial results for the quarter ended June 30, 2016 (Q1).At 14:49 hrs Wockhardt was quoting at Rs 1,008, up Rs 21.45, or 2.17 percent on the BSE.Posted by Rakesh Patil

    first published: Aug 3, 2016 03:09 pm

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