Wockhardt, one of the leading pharmaceutical and biotechnology company, announced that credit rating agency India Ratings & Research, a Fitch Group company, has assigned the company long -term issuer rating of "AA" with stable outlook.

Further, for working capital facilities, rating of IND A1+ has been assigned.

Shares of the company gained Rs 5.95, or 0.32%, to settle at Rs 1,870.95. The total volume of shares traded was 169,762 at the BSE (Wednesday).