Wockhardt shares fell on Tuesday after the company disclosed a  drop in standalone net profit for the quarter ended March 2014.  During the quarter, the profit of the company declined 77.76% to Rs 744.50 million from Rs 3,347.60 million  in the same quarter last year.

Net sales for the quarter declined 30.08% to Rs 10,386.70 million, compared with Rs 14,855.00 million for the prior year period.

Shares of the company are trading at Rs 670.85, down Rs 28.75, or 4.11% at the Bombay Stock Exchange (BSE) on Tuesday at 10:20 a.m.

The scrip has touched an intra-day high of Rs 686.25 and low of Rs 641.00. The total volume of shares traded at the BSE is 203,921.

In the earlier session, the shares lost 2.64%, or Rs 19, at Rs 699.60.

Currently, the stock is trading down 49.37% from its 52-week high of Rs 1,325.00 and above 99.3% over the 52-week low of Rs 336.60.