India's Wockhardt rises after launching share sale to institutional investors

Wockhardt

21/03/2024 03:57

** 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)
 ((Hritam.Mukherjee@thomsonreuters.com;))