Wockhardt, one of the leading pharmaceutical and biotechnology company, witnessed a rise in share price on Wednesday after it announced a steady growth in consolidated net profit for the quarter ended December 2014. 

During the quarter, the profit of the company rose 14.06% to Rs 3,472.50 million from Rs 3,044.50 million  in the same quarter last year.

Consolidated net sales for the quarter  rose 11.78% to Rs 13,820.50 million, compared with Rs 12,363.5 million for the prior year period.

Shares of the company gained Rs 101.35, or 8.57%, to trade at Rs 1,283.80 at the BSE (02.48 p.m., Wednesday).