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Wockhardt sells German unit for nearly Rs 120cr; stk up

Posted on: June 18th 2009 in Stock News.

Wockhardt touched an intraday high of Rs 138 and an intraday low of Rs 132.50. At 10:01 am, the share was quoting at Rs 135, up Rs 4.55, or 3.49% on the NSE. The company has sold its German unit to Mova Pharma for nearly Rs 120 crore, reports CNBC-TV18. It was trading with volumes of 69…

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