Review: WOCKHARDT Ltd.

Wockhardt Ltd: The stock was picked up in May'2014 @Rs.660/- and since the it has touched a price of Rs. 2000/- and currently at Rs. 1300/-. It can again double from here in next 12 months time.
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Wockhardt Ltd.: Review

The stock is already up over 30% in last two days. It touched a high of Rs.848/- on 29.4.2014 and is currently quoting at Rs. 806/-.

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Wockhardt Ltd.:

The current market Price is Rs.660/-. The script is down in the short term due to regulatory issues with USA. Once resolved, the company will emerge stronger in near future as one of the largest Generics Drug Manufacturing company in the world. The market price is expected to go back to the earlier levels of Rs. 1000/- to Rs. 1500/- range in next 6 to 12 months time, giving a discounting of only 10 to 15 times. In the longer term the stock price can climb back to Rs.2000/- or more.

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