Gold Silver Reports (GSR) – Wockhardt Slumps On Reporting Loss In Q4 – Shares of the Mumbai-based drug maker fell as much as 11 percent to Rs 715 after it reported loss in quarter ended March 2018.
Key earnings highlights:
✅ Revenue up 18 percent at Rs 1,018 crore
✅ Net loss of Rs 155 crore versus net loss of Rs 175 crore
✅ Other income of Rs 56 crore in base quarter
BASF India Share Price Slumps After March Quarter Earnings
BASF India Share of the Mumbai-based chemical maker fell as much as 7.7 percent to Rs 2,052 after it reported March quarter earnings.
BASF India’s EBITDA or operating profit declined 18 percent to Rs 100 crore which led to sharp fall in stock price of the company.