Wockhardt denies reports to sell Mumbai HQ; stk up
April 6th, 2009
Wockhardt had touched an intraday high of Rs 79.10 and an intraday low of Rs 75. At 10:21 am, the share was quoting at Rs 78.05, up Rs 1.80, or 2.36%.
The company has denied reports to sell Mumbai HQ. They admitted to liquidity crisis in the company, reports CNBC-TV18.
Apollo has now joined the race for Wockhardt Hospital and the company ha got Rs 100 crore from SBI for working capital needs, reports The Economic Times.
It was trading with volumes of 55,973 shares. On Thursday the share closed up 0.33% or Rs 0.25 at Rs 76.25.