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WOCKPHARMA
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Recent events
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News
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Corporate Actions
Wockhardt Says Zaynich Achieves Over 97% Efficacy In Clinical Study
Jan 13 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - ZAYNICH ACHIEVES OVER 97% EFFICACY IN CLINICAL STUDY
Source text: ID:nNSE47dchr
Further company coverage: WCKH.NS
(([email protected];))
Jan 13 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - ZAYNICH ACHIEVES OVER 97% EFFICACY IN CLINICAL STUDY
Source text: ID:nNSE47dchr
Further company coverage: WCKH.NS
(([email protected];))
India's Wockhardt scales 9-year peak on antibiotic drug approval
** Shares of pharma co Wockhardt WCKH.NS rise as much as 9.4% to highest since Dec. 2015 to 1,582.95 rupees
** Co on Thursday said Indian drug regulator approved co's antibiotic drug Miqnaf for treatment of pneumonia
** WCKH shares on track for fourth straight week of gains
** WCKH shares jumped more than three-fold last year vs 39% gains in pharma index .NIPHARM
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of pharma co Wockhardt WCKH.NS rise as much as 9.4% to highest since Dec. 2015 to 1,582.95 rupees
** Co on Thursday said Indian drug regulator approved co's antibiotic drug Miqnaf for treatment of pneumonia
** WCKH shares on track for fourth straight week of gains
** WCKH shares jumped more than three-fold last year vs 39% gains in pharma index .NIPHARM
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Wockhardt Says Indian Drug Regulator Approves Wockhardt's Antibiotic Miqnaf
Jan 2 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - INDIAN DRUG REGULATOR APPROVES WOCKHARDT'S ANTIBIOTIC MIQNAF
Source text: ID:nBSE68Xcxt
Further company coverage: WCKH.NS
(([email protected];))
Jan 2 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - INDIAN DRUG REGULATOR APPROVES WOCKHARDT'S ANTIBIOTIC MIQNAF
Source text: ID:nBSE68Xcxt
Further company coverage: WCKH.NS
(([email protected];))
Wockhardt Says Zaynich Enables Successful Liver Transplant For US Cancer Patient
Dec 16 (Reuters) - Wockhardt Ltd WCKH.NS:
ZAYNICH ENABLES SUCCESSFUL LIVER TRANSPLANT FOR US CANCER PATIENT
Source text: ID:nBSE2ctvdc
Further company coverage: WCKH.NS
(([email protected];;))
Dec 16 (Reuters) - Wockhardt Ltd WCKH.NS:
ZAYNICH ENABLES SUCCESSFUL LIVER TRANSPLANT FOR US CANCER PATIENT
Source text: ID:nBSE2ctvdc
Further company coverage: WCKH.NS
(([email protected];;))
India's Wockhardt gains as Q2 loss narrows
** Wockhardt WCKH.NS climbs ~2.5% to 1,210 rupees
** Pharmaceutical co's Q2 consol net loss narrows to 220 mln rupees ($2.6 mln) from year-ago loss of 770 mln rupees
** Revenue up 7.4%; expenses largely flat
** WCKH was down ~3% ahead of the results
** Stock has nearly tripled in 2024
($1 = 84.3700 Indian rupees)
(Reporting by Nishit Navin)
(([email protected];))
** Wockhardt WCKH.NS climbs ~2.5% to 1,210 rupees
** Pharmaceutical co's Q2 consol net loss narrows to 220 mln rupees ($2.6 mln) from year-ago loss of 770 mln rupees
** Revenue up 7.4%; expenses largely flat
** WCKH was down ~3% ahead of the results
** Stock has nearly tripled in 2024
($1 = 84.3700 Indian rupees)
(Reporting by Nishit Navin)
(([email protected];))
India's Wockhardt gains on block deals at premium
** Wockhardt WCKH.NS rises 5%, hitting the upper limit of exchange-allowed trading band, to 1,208.35 rupees
** About 349,616 shares traded in five block deals at a premium of 3.8%-5% to last close - LSEG
** Overall 1.02 mln shares traded, 3x the 30-day average
** WCKH up ~185% YTD
(Reporting by Vijay Malkar)
(([email protected];))
** Wockhardt WCKH.NS rises 5%, hitting the upper limit of exchange-allowed trading band, to 1,208.35 rupees
** About 349,616 shares traded in five block deals at a premium of 3.8%-5% to last close - LSEG
** Overall 1.02 mln shares traded, 3x the 30-day average
** WCKH up ~185% YTD
(Reporting by Vijay Malkar)
(([email protected];))
India's Wockhardt gains after seeking regulatory nod for fast-acting insulin injection
** Shares of Wockhardt Ltd WCKH.NS rise as much as 4.3% to 1,126.50 rupees
** Pharma co says it has filed fast-acting insulin analog, Aspart injection, ASPARAPID with the Drugs Controller General of India for regulatory approval of licences
** Stock on track to gain for 4th straight day
** More than 338,000 shares traded as of 10:19 a.m. IST, vs their 30-day moving avg of 253,517 shares
** WCKH last up 1.8%, adding to YTD gains of ~159% so far
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Wockhardt Ltd WCKH.NS rise as much as 4.3% to 1,126.50 rupees
** Pharma co says it has filed fast-acting insulin analog, Aspart injection, ASPARAPID with the Drugs Controller General of India for regulatory approval of licences
** Stock on track to gain for 4th straight day
** More than 338,000 shares traded as of 10:19 a.m. IST, vs their 30-day moving avg of 253,517 shares
** WCKH last up 1.8%, adding to YTD gains of ~159% so far
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Wockhardt Ltd Says Nafithromycin Gets Favourable Recommendation From CDSCO
Oct 11 (Reuters) - Wockhardt Ltd WCKH.NS:
NAFITHROMYCIN GETS FAVOURABLE RECOMMENDATION FROM CDSCO
Source text for Eikon: ID:nNSE5QlT87
Further company coverage: WCKH.NS
(([email protected];;))
Oct 11 (Reuters) - Wockhardt Ltd WCKH.NS:
NAFITHROMYCIN GETS FAVOURABLE RECOMMENDATION FROM CDSCO
Source text for Eikon: ID:nNSE5QlT87
Further company coverage: WCKH.NS
(([email protected];;))
Wockhardt Says Wck 6777 Granted Fast Track Designation By Us FDA, Completes Phase I Study
Oct 7 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - WCK 6777 GRANTED FAST TRACK DESIGNATION BY US FDA, COMPLETES PHASE I STUDY
Source text for Eikon: ID:nBSE3D2wSM
Further company coverage: WCKH.NS
(([email protected];))
Oct 7 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - WCK 6777 GRANTED FAST TRACK DESIGNATION BY US FDA, COMPLETES PHASE I STUDY
Source text for Eikon: ID:nBSE3D2wSM
Further company coverage: WCKH.NS
(([email protected];))
Wockhardt Says Co's Investigational Drug, Zaynich Cures Complex Case Of Meningitis
Sept 19 (Reuters) - Wockhardt Ltd WCKH.NS:
CO'S INVESTIGATIONAL DRUG, ZAYNICH CURES COMPLEX CASE OF MENINGITIS
Source text for Eikon: [ID:]
Further company coverage: WCKH.NS
(([email protected];;))
Sept 19 (Reuters) - Wockhardt Ltd WCKH.NS:
CO'S INVESTIGATIONAL DRUG, ZAYNICH CURES COMPLEX CASE OF MENINGITIS
Source text for Eikon: [ID:]
Further company coverage: WCKH.NS
(([email protected];;))
Wockhardt Denies Allegations Pertaining To Payment Of Rent By Carol Info Services
Sept 6 (Reuters) - Wockhardt Ltd WCKH.NS:
CLARIFIES ON ALLEGATIONS PERTAINING TO PAYMENT OF RENT BY CAROL INFO SERVICES
CATEGORICALLY DENY ALLEGATIONS
THESE ALLEGATIONS ARE COMPLETELY "BASELESS AND MISLEADING"
Source text for Eikon: ID:nBSE8MPBKc
Further company coverage: WCKH.NS
(([email protected];;))
Sept 6 (Reuters) - Wockhardt Ltd WCKH.NS:
CLARIFIES ON ALLEGATIONS PERTAINING TO PAYMENT OF RENT BY CAROL INFO SERVICES
CATEGORICALLY DENY ALLEGATIONS
THESE ALLEGATIONS ARE COMPLETELY "BASELESS AND MISLEADING"
Source text for Eikon: ID:nBSE8MPBKc
Further company coverage: WCKH.NS
(([email protected];;))
India's Wockhardt climbs on narrower Q1 loss
** Shares of pharmaceuticals company Wockhardt WCKH.NS rise 3.5% to 990 rupees
** Stock on track for fourth straight session of gains
** Co reports narrower Q1 loss of 140 mln rupees ($1.7 mln) from loss of 1.34 bln rupees year ago, helped by new launches
** Larger rival Sun Pharmaceutical SUN.NS beat Q1 profit estimates earlier this month
** WCKH up 130% YTD, while Nifty Pharma index .NIPHARM which includes SUN and WCKH's other peers, is up by around 32%
** WCKH is not part of the Pharma index
($1 = 83.9340 Indian rupees)
(Reporting by Varun Vyas in Bengaluru)
** Shares of pharmaceuticals company Wockhardt WCKH.NS rise 3.5% to 990 rupees
** Stock on track for fourth straight session of gains
** Co reports narrower Q1 loss of 140 mln rupees ($1.7 mln) from loss of 1.34 bln rupees year ago, helped by new launches
** Larger rival Sun Pharmaceutical SUN.NS beat Q1 profit estimates earlier this month
** WCKH up 130% YTD, while Nifty Pharma index .NIPHARM which includes SUN and WCKH's other peers, is up by around 32%
** WCKH is not part of the Pharma index
($1 = 83.9340 Indian rupees)
(Reporting by Varun Vyas in Bengaluru)
Wockhardt June-Quarter Consol Net Loss After Tax 140 Million Rupees
Aug 9 (Reuters) - Wockhardt Ltd WCKH.NS:
JUNE-QUARTER CONSOL NET LOSS AFTER TAX 140 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.39 BILLION RUPEES
Source text for Eikon: ID:nBSE9DDsS3
Further company coverage: WCKH.NS
(([email protected];))
Aug 9 (Reuters) - Wockhardt Ltd WCKH.NS:
JUNE-QUARTER CONSOL NET LOSS AFTER TAX 140 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 7.39 BILLION RUPEES
Source text for Eikon: ID:nBSE9DDsS3
Further company coverage: WCKH.NS
(([email protected];))
India's Wockhardt continues its upward rally, hits near 8-yr high
** Shares of pharma and biotech co Wockhardt WCKH.NS rise as much as 12% to 943 rupees, highest since August 5, 2016
** Stock on track for an eleventh consecutive session of gain, if trends hold
** On Monday, WCKH's shares rose an exchange-allowed maximum of 20% after its antibiotic drug Zaynich successfully treated a cancer patient in the U.S.
** Share price above 50-day, 100-day and 200-day exponential moving averages since June 19
** Trading vol 2.9x 30-day daily avg
** Stock rose 17.2% in June quarter, its third straight quarterly rise
** Stock last up 6.7%, pushing YTD gains to 111.5%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of pharma and biotech co Wockhardt WCKH.NS rise as much as 12% to 943 rupees, highest since August 5, 2016
** Stock on track for an eleventh consecutive session of gain, if trends hold
** On Monday, WCKH's shares rose an exchange-allowed maximum of 20% after its antibiotic drug Zaynich successfully treated a cancer patient in the U.S.
** Share price above 50-day, 100-day and 200-day exponential moving averages since June 19
** Trading vol 2.9x 30-day daily avg
** Stock rose 17.2% in June quarter, its third straight quarterly rise
** Stock last up 6.7%, pushing YTD gains to 111.5%
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
India's Wockhardt up 20% on antibiotic drug's success
** Shares of pharma and biotech co Wockhardt WCKH.NS rise an exchange-allowed maximum of 20% to 823.9 rupees
** Co said its antibiotic drug Zaynich successfully treated a cancer patient in the U.S. with chronic bilateral thigh infection
** The U.S. Clinical and Laboratory Standards Institutes (CLSI) grants high susceptibility breakpoint to the drug on its success
** Susceptibility breakpoint is a key metric for doctors to recognize most effective antibiotics
** Stock eyes busiest trading session since mid-Feb, over 5.5 mln shares traded
** Including session's gains, stock up ~94% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of pharma and biotech co Wockhardt WCKH.NS rise an exchange-allowed maximum of 20% to 823.9 rupees
** Co said its antibiotic drug Zaynich successfully treated a cancer patient in the U.S. with chronic bilateral thigh infection
** The U.S. Clinical and Laboratory Standards Institutes (CLSI) grants high susceptibility breakpoint to the drug on its success
** Susceptibility breakpoint is a key metric for doctors to recognize most effective antibiotics
** Stock eyes busiest trading session since mid-Feb, over 5.5 mln shares traded
** Including session's gains, stock up ~94% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Wockhardt Says Zaynich Successful Used To Treat Cancer Patient In U.S. With Chronic Bilateral Thigh Infection
June 28 (Reuters) - Wockhardt Ltd WCKH.NS:
SUCCESSFUL USE OF INVESTIGATIONAL ANTIBIOTIC, ZAYNICH TO TREAT CANCER PATIENT IN U.S. WITH CHRONIC BILATERAL THIGH INFECTION
Source text for Eikon: ID:nNSE6DLzsQ
Further company coverage: WCKH.NS
(([email protected];))
June 28 (Reuters) - Wockhardt Ltd WCKH.NS:
SUCCESSFUL USE OF INVESTIGATIONAL ANTIBIOTIC, ZAYNICH TO TREAT CANCER PATIENT IN U.S. WITH CHRONIC BILATERAL THIGH INFECTION
Source text for Eikon: ID:nNSE6DLzsQ
Further company coverage: WCKH.NS
(([email protected];))
Wockhardt Re-Appoints Habil Khorakiwala As Executive Chairman
May 28 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - RE-APPOINTS HABIL KHORAKIWALA AS EXECUTIVE CHAIRMAN
WOCKHARDT LTD - APPROVED RAISING OF FUNDS
WOCKHARDT LTD MARCH-QUARTER CONSOL LOSS AFTER TAX 1.69 BILLION RUPEES VERSUS LOSS 2.08 BILLION RUPEES
WOCKHARDT LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 7 BILLION RUPEES VERSUS 6.78 BILLION RUPEES
Source text for Eikon: ID:nNSEM5d4D
Further company coverage: WCKH.NS
(([email protected];))
May 28 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - RE-APPOINTS HABIL KHORAKIWALA AS EXECUTIVE CHAIRMAN
WOCKHARDT LTD - APPROVED RAISING OF FUNDS
WOCKHARDT LTD MARCH-QUARTER CONSOL LOSS AFTER TAX 1.69 BILLION RUPEES VERSUS LOSS 2.08 BILLION RUPEES
WOCKHARDT LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 7 BILLION RUPEES VERSUS 6.78 BILLION RUPEES
Source text for Eikon: ID:nNSEM5d4D
Further company coverage: WCKH.NS
(([email protected];))
Wockhardt To Consider Raising Of Funds
May 21 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSE8tZHTq
Further company coverage: WCKH.NS
(([email protected];))
May 21 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSE8tZHTq
Further company coverage: WCKH.NS
(([email protected];))
India's Wockhardt rises after launching share sale to institutional investors
** Shares of India's Wockhardt WCKH.NS up 3% after jumping 4.4% earlier in the session
** The drugmaker launched share sale to institutional investors on Wednesday, approved floor price of issue at 544.02 rupees per share
** Co stock on track to snap two straight weekly losses
** YTD, stock has risen ~32% after a 90% jump in 2023
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Wockhardt WCKH.NS up 3% after jumping 4.4% earlier in the session
** The drugmaker launched share sale to institutional investors on Wednesday, approved floor price of issue at 544.02 rupees per share
** Co stock on track to snap two straight weekly losses
** YTD, stock has risen ~32% after a 90% jump in 2023
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Wockhardt Dec-Qtr Consol Net Loss Narrows
Feb 14 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT DEC-QUARTER CONSOL NET LOSS 830 MILLION RUPEES VERSUS LOSS 960 MILLION RUPEES
WOCKHARDT LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 7.01 BILLION RUPEES VERSUS 6.99 BILLION RUPEES
Source text for Eikon: ID:nBSE9RL6Sf
Further company coverage: WCKH.NS
(([email protected];;))
Feb 14 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT DEC-QUARTER CONSOL NET LOSS 830 MILLION RUPEES VERSUS LOSS 960 MILLION RUPEES
WOCKHARDT LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 7.01 BILLION RUPEES VERSUS 6.99 BILLION RUPEES
Source text for Eikon: ID:nBSE9RL6Sf
Further company coverage: WCKH.NS
(([email protected];;))
Sino Biopharmaceutical to divest 67% stake in unit CP Qingdao for $253 mln
Feb 7 (Reuters) - Hong Kong-listed Sino Biopharmaceutical 1177.HK will sell a 67% stake in unit CP Pharmaceutical (Qingdao) for 1.82 billion yuan ($253.28 million) to entities controlled by state-owned Guoxin Group, the company said late on Tuesday.
Sino Biopharmaceutical will keep a 26% stake in CP Qingdao after the disposal, the pharmaceutical conglomerate said in a filing to the Hong Kong Stock Exchange.
CP Qingdao, established in China, is mainly involved in research and development, production and sale of osteoporosis medicines and marine pharmaceuticals.
Through the deal, Guoxin Group plans to enter the life and health industry characterised with marine biological pharmaceuticals, Sino Biopharmaceutical said.
The company expects to record a gain of about 1.60 billion yuan on the disposal, subject to audit.
($1 = 7.1858 Chinese yuan)
(Reporting by Himanshi Akhand in Bengaluru; Editing by Subhranshu Sahu)
(([email protected];))
Feb 7 (Reuters) - Hong Kong-listed Sino Biopharmaceutical 1177.HK will sell a 67% stake in unit CP Pharmaceutical (Qingdao) for 1.82 billion yuan ($253.28 million) to entities controlled by state-owned Guoxin Group, the company said late on Tuesday.
Sino Biopharmaceutical will keep a 26% stake in CP Qingdao after the disposal, the pharmaceutical conglomerate said in a filing to the Hong Kong Stock Exchange.
CP Qingdao, established in China, is mainly involved in research and development, production and sale of osteoporosis medicines and marine pharmaceuticals.
Through the deal, Guoxin Group plans to enter the life and health industry characterised with marine biological pharmaceuticals, Sino Biopharmaceutical said.
The company expects to record a gain of about 1.60 billion yuan on the disposal, subject to audit.
($1 = 7.1858 Chinese yuan)
(Reporting by Himanshi Akhand in Bengaluru; Editing by Subhranshu Sahu)
(([email protected];))
Wockhardt Says Completion Of Phase 3 Pneumonia Study Of Nafithromycin Wck 4873
Dec 11 (Reuters) - Wockhardt Ltd WCKH.NS:
COMPLETION OF PHASE 3 PNEUMONIA STUDY OF MACROLIDE ANTIBIOTIC NAFITHROMYCIN WCK 4873
Source text for Eikon: ID:nNSEMjgpF
Further company coverage: WCKH.NS
(([email protected];;))
Dec 11 (Reuters) - Wockhardt Ltd WCKH.NS:
COMPLETION OF PHASE 3 PNEUMONIA STUDY OF MACROLIDE ANTIBIOTIC NAFITHROMYCIN WCK 4873
Source text for Eikon: ID:nNSEMjgpF
Further company coverage: WCKH.NS
(([email protected];;))
India's Wockhardt rises most in nearly 3 yrs on multiple block deals
** Shares of pharma and biotechnology co Wockhardt WCKH.NS up as much as 20% at 336.95 rupees, their biggest intraday gain since Nov. 20, 2020
** WCKH at highest level since Feb. 24, 2022
** Over 2.6 mln shares change hands in 8 separate block deals as of 02:23 p.m. IST, at a price between 312-337 rupees apiece - LSEG data
** Nearly 30 mln shares traded by 2:25 p.m. IST, 15.6x the 30-day moving average
** Stock up ~47% YTD
(Reporting by Kashish Tandon)
** Shares of pharma and biotechnology co Wockhardt WCKH.NS up as much as 20% at 336.95 rupees, their biggest intraday gain since Nov. 20, 2020
** WCKH at highest level since Feb. 24, 2022
** Over 2.6 mln shares change hands in 8 separate block deals as of 02:23 p.m. IST, at a price between 312-337 rupees apiece - LSEG data
** Nearly 30 mln shares traded by 2:25 p.m. IST, 15.6x the 30-day moving average
** Stock up ~47% YTD
(Reporting by Kashish Tandon)
Wockhardt June-Qtr Consol Net Loss Widens
Aug 14 (Reuters) - Wockhardt Ltd WCKH.NS:
JUNE-QUARTER CONSOL NET LOSS 1.34 BILLION RUPEES VERSUS LOSS 670 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.44 BILLION RUPEES VERSUS 5.95 BILLION RUPEES
Further company coverage: WCKH.NS
(([email protected];))
Aug 14 (Reuters) - Wockhardt Ltd WCKH.NS:
JUNE-QUARTER CONSOL NET LOSS 1.34 BILLION RUPEES VERSUS LOSS 670 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.44 BILLION RUPEES VERSUS 5.95 BILLION RUPEES
Further company coverage: WCKH.NS
(([email protected];))
Wockhardt Ltd- Guardian Finance To Reinstate Invoked Pledged Shares
July 28 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD- GUARDIAN FINANCE CLARIFIES INVOCATION OF PLEDGED SHARES WAS EFFECTED WITHOUT MALAFIDE INTENT
WOCKHARDT LTD- GUARDIAN FINANCE WOULD BE REINSTATING SHARES BACK
Source text for Eikon: ID:nBSE5lY04
Further company coverage: WCKH.NS
(([email protected];))
July 28 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD- GUARDIAN FINANCE CLARIFIES INVOCATION OF PLEDGED SHARES WAS EFFECTED WITHOUT MALAFIDE INTENT
WOCKHARDT LTD- GUARDIAN FINANCE WOULD BE REINSTATING SHARES BACK
Source text for Eikon: ID:nBSE5lY04
Further company coverage: WCKH.NS
(([email protected];))
Wockhardt Re-Appoints Murtaza Khorakiwala As MD
May 26 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - RE-APPOINTS MURTAZA KHORAKIWALA AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSE5prS94
Further company coverage: WCKH.NS
(([email protected];))
May 26 (Reuters) - Wockhardt Ltd WCKH.NS:
WOCKHARDT LTD - RE-APPOINTS MURTAZA KHORAKIWALA AS MANAGING DIRECTOR
Source text for Eikon: ID:nBSE5prS94
Further company coverage: WCKH.NS
(([email protected];))
Wockhardt Gets SEBI Settlement Order On Show Cause Notice Dated Sept 15, 2022
May 23 (Reuters) - Wockhardt Ltd WCKH.NS:
GOT SEBI SETTLEMENT ORDER REGARDING SHOW CAUSE NOTICE DATED SEPT 15, 2022
CHARGES IN SHOW CAUSE NOTICE AGAINST CO, DIRECTORS HAVE BEEN DISPOSED OF
SETTLEMENT TERMS INCLUDE PAYMENT ON BEHALF OF DIRECTORS
NO MATERIAL IMPACT OF SETTLEMENT ON CO'S FINANCIAL POSITION
Source text for Eikon: ID:nNSE7ns4Pn
Further company coverage: WCKH.NS
(([email protected];))
May 23 (Reuters) - Wockhardt Ltd WCKH.NS:
GOT SEBI SETTLEMENT ORDER REGARDING SHOW CAUSE NOTICE DATED SEPT 15, 2022
CHARGES IN SHOW CAUSE NOTICE AGAINST CO, DIRECTORS HAVE BEEN DISPOSED OF
SETTLEMENT TERMS INCLUDE PAYMENT ON BEHALF OF DIRECTORS
NO MATERIAL IMPACT OF SETTLEMENT ON CO'S FINANCIAL POSITION
Source text for Eikon: ID:nNSE7ns4Pn
Further company coverage: WCKH.NS
(([email protected];))
Wockhardt To Consider Raising Of Funds
May 19 (Reuters) - Wockhardt Ltd WCKH.NS:
TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSEKPZ3C
Further company coverage: WCKH.NS
(([email protected];))
May 19 (Reuters) - Wockhardt Ltd WCKH.NS:
TO CONSIDER RAISING OF FUNDS
Source text for Eikon: ID:nBSEKPZ3C
Further company coverage: WCKH.NS
(([email protected];))
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What does Wockhardt do?
Wockhardt Limited is a prominent Indian pharmaceutical and biotechnology company that prioritizes accessibility to high-quality medicines. They are active in Pharmaceuticals, Biotechnology, and Super Speciality Hospitals.
Who are the competitors of Wockhardt?
Wockhardt major competitors are Astrazeneca Pharma I, Gland Pharma, JB Chem & Pharma, Pfizer, Eris Lifesciences, Alembic Pharma, Natco Pharma. Market Cap of Wockhardt is ₹22,950 Crs. While the median market cap of its peers are ₹19,467 Crs.
Is Wockhardt financially stable compared to its competitors?
Wockhardt seems to be less financially stable compared to its competitors. Altman Z score of Wockhardt is 4.51 and is ranked 7 out of its 8 competitors.
Does Wockhardt pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Wockhardt latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Wockhardt allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress
How strong is Wockhardt balance sheet?
Balance sheet of Wockhardt is strong. But short term working capital might become an issue for this company.
Is the profitablity of Wockhardt improving?
Yes, profit is increasing. The profit of Wockhardt is -₹189 Crs for TTM, -₹463 Crs for Mar 2024 and -₹559 Crs for Mar 2023.
Is the debt of Wockhardt increasing or decreasing?
Yes, The debt of Wockhardt is increasing. Latest debt of Wockhardt is ₹1,979 Crs as of Sep-24. This is greater than Mar-24 when it was ₹1,054 Crs.
Is Wockhardt stock expensive?
Wockhardt is not expensive. Latest PE of Wockhardt is 0.0, while 3 year average PE is 1.22. Also latest EV/EBITDA of Wockhardt is 110 while 3yr average is 152.
Has the share price of Wockhardt grown faster than its competition?
Wockhardt has given better returns compared to its competitors. Wockhardt has grown at ~32.01% over the last 4yrs while peers have grown at a median rate of -1.11%
Is the promoter bullish about Wockhardt?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Wockhardt is 49.09% and last quarter promoter holding is 49.09%.
Are mutual funds buying/selling Wockhardt?
The mutual fund holding of Wockhardt is increasing. The current mutual fund holding in Wockhardt is 7.56% while previous quarter holding is 7.13%.