Wockhardt profit jumps 250 per cent in Q2
Agencies: Mumbai , Nov 15 2012, 18:55 IST
business to Danone and realised Rs 1,280 crore. The company also impaired the entire goodwill pertaining to its French subsidiary of Rs 621 crore and wrote off the carried forward cost of certain intangibles and research & development costs of Rs 437 crore.
Its shares touched an all-time high of Rs 1,784.90 today on the BSE, rising 4.65 per cent following strong second quarter numbers.
After touching a low of Rs 251.25 on January 6, the company's scrip has been gaining in strength following the dramatic turnaround.
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