1.Wockhardt Ltd is a 5 rupee face value PHARMACEUTICAL stock which is traded at 914 so in first incidence i think valuation of Wockhardt Ltd is very high.
2. Year high for Wockhardt Ltd is 2166.05 and year low 880.15 stock traded at 914 which is near his year low so when a stock down more than 50 % within a year and traded near his year low then i think more downside is remain. 3.Promoters holding 73.54 % and they slightly reduce their holdings, reducing in promoter holding is also a negative sign.
4.Net sells, net profits and dividends are also down in Wockhardt Ltd.
5. So overall my view is negative for Wockhardt Ltd , i have no any share of Wockhardt Ltd.
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