Wockhardt Ltd
WOCKPHARMA

760.55

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

759.75

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

761.00

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Accumulate
Reco. Price
Rs 684.20
We recommend an ACCUMULATE on the stock on account of expected growth by recent ANDA approvals. Also expansion plans of the company in various geographies will support the future growth. We target stock to trade at a P/E of 38.3x in FY17E. (Target Price: Rs.726.8)
Detailed View
50 DMA (.)
679.10
100 DMA (.)
734.51
200 DMA (.)
820.43
Weekly Range (.)
697.00
773.50
Monthly Range (.)
634.25
773.50
52 Weeks Range (.)
627.20
1,129.05
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