Wockhardt Falls After U.K. Regulator Action on Factory

Wockhardt Ltd. (WPL) fell the most in more than three weeks in Mumbai trading after the company said the U.K. drugs regulator withdrew a certificate entitling one of its plants to export drugs to the nation. Wockhardt dropped as much 5.1 percent, poised for the biggest decline since Sept. 17. The stock traded down 5 percent at 499.65 rupees as of 10:43 a.m. in Mumbai. A factory needs the so-called good manufacturing practice, or GMP, certification to supply medicines to the U.K.

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