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Wockhardt declines on recalling over 200 bottles of Captopril and Clarithromycin tablets

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

08 Jun 2015 Evaluate

Wockhardt is currently trading at Rs 1320.60, down by 52.80 points or 3.84% from its previous closing of Rs 1373.40 on the BSE.

The scrip opened at Rs. 1366.00 and has touched a high and low of Rs. 1380.00 and Rs. 1300.35 respectively. So far 115971 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. 1498.75 and Rs. 1232.85 respectively. The current market cap of the company is Rs. 14628.69 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 recalled over 200 bottles of Captopril tablets, used in treatment of blood pressure, and Clarithromycin antibiotic tablets manufactured in the US because of deviations in current good manufacturing practice norms stated by US Food and Drug Administration (FDA). Out of total, 166 bottles of captopril tablets of 50 mg strength has been recalled along with 50 bottles of clarithromycin tablets of 500 mg strength.

Both the recalls are classified as Class II, a situation in which use of or exposure to a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote. Blenheim Pharmacal, the packaging company, is the recalling firm while the drugs were distributed by Wockhardt USA LLC, the US subsidiary of the company.

Wockhardt is one of the few companies with end to end integrated capabilities for its products, starting with the manufacture of the oral and sterile API’s, the dose forms and marketing through wholly owned subsidiary in the US, enabling the company to capture maximum value.

Wockhardt Share Price

1396.80 37.70 (2.77%)

17-Apr-2026 16:59 View Price Chart

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Wockhardt declines on recalling over 200 bottles of Captopril and Clarithromycin tablets

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