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Wockhardt tumbles on plan to recall remaining batches manufactured prior to USFDA Import Alerts

Wockhardt Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 532300 | NSE: WOCKPHARMA

28 Apr 2015 Evaluate

Wockhardt is currently trading at Rs. 1238.00, down by 92.05 points or 6.92% from its previous closing of Rs. 1330.05 on the BSE.

The scrip opened at Rs. 1250.00 and has touched a high and low of Rs. 1330.40 and Rs. 1181.00 respectively. So far 564291 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2000.00 on 08-Apr-2015 and a 52 week low of Rs. 543.10 on 10-Jul-2014.

Last one week high and low of the scrip stood at Rs. 1762.00 and Rs. 1181.00 respectively. The current market cap of the company is Rs. 13900.01 crore.

The promoters holding in the company stood at 74.48% while Institutions and Non-Institutions held 11.53% and 13.86% respectively.

Wockhardt has decided to recall, as a part of remedial measure all the remaining batches in the US market that were manufactured prior to the US FDA Import Alerts even though there is no evidence of risk to patient safety from the products currently available in the US market. Additionally, the MHRA, UK has restored the EU GMP certification of the company's potent product facility at Kadaiya, Daman.

During the last US FDA cGMP inspection of the Wockhardt’s facilities at L1- Chikalthana and Waluj in Aurangabad, Maharashtra, some observations were reported pertaining to batches of some products manufactured prior to the US FDA Import Alerts.

Whereas the company continues to supply some of the products in the US market manufactured in the same facilities, several batches of other products, manufactured prior to the Import Alerts may still be in the US market.

Wockhardt Share Price

1396.80 37.70 (2.77%)

17-Apr-2026 16:59 View Price Chart

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Wockhardt tumbles on plan to recall remaining batches manufactured prior to USFDA Import Alerts

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