Wockhardt Ltd, once on the brink of collapse with heavy debt and troubled operations, has staged a remarkable turnaround under the leadership of Habil Khorakiwala, its founder and chairman, transforming from a debt-burdened pharmaceutical firm into a company with renewed strategic direction and potential global impact.
As discussed yesterday, market behaviour remained on expected lines during the day. Respecting its bearish trend, Nifty tested the support of 25900, and in the last half-hour trading session, Nifty bounced and made a day high of 25976.75, i.e., it respected our resistance of 25985.
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