₹443.55
0.57%
Low
Day's Volatility:1.91%
High
1.33%
42.57%
Low
52 Weeks Volatility:48.46%
High
5.90%
Returns % | |
1 Month Return | 8.22 % |
3 Month Return | 4.88 % |
1 Year Return | 71.96 % |
Market Stats | |
Previous Close | ₹444.85 |
Open | ₹442.10 |
Volume | 2.56L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹33,584.31Cr |
based on 13 analysts
Based on 13 analysts offering long term price targets for Fortis Healthcare Ltd. An average target of ₹482.23
Source: S&P Global Market Intelligence
Organisation | Fortis Healthcare Ltd |
Headquarters | |
Industry | Healthcare |
E-voting on shares | Click here to vote |
Key events for Fortis Healthcare Ltd
Fortis Healthcare has achieved an impressive annual EPS growth of 44% over the last three years, with a solid revenue growth of 12% to ₹67b. Insiders have a significant amount of capital invested in it, currently valued at ₹16b. Based on its parts, Fortis Healthcare is worth watching closely.
Fortis Healthcare Launches Adayu Mindfulness for Comprehensive Mental Healthcare - 24 Apr, 2024
Fortis Healthcare has launched Adayu Mindfulness, a vertical for comprehensive mental healthcare in collaboration with United We Care and Adayu. The AI-powered holistic mental health solution will enhance accessibility of care for individuals everywhere, powered by Adayus trained team of mental health experts to provide holistic care.
Fortis Healthcare Launches Multi-Specialty Tertiary Care Hospital in Bengaluru - 19 Apr, 2024
Fortis Healthcare has launched a state-of-the-art, multi-specialty tertiary care hospital in Nagarbhavi, Bengaluru. The healthcare player invested about Rs 6-7 crore in the upgrade of the facility and aims to expand its bed count to 100 from the existing 80 beds amid a rising patient base. Fortis aims for an expansion to 10,000 beds from 4,500 beds in India over the next five to seven years.
Fortis Healthcare Stock Delivers Flattish Returns - 16 Apr, 2024
Ace investor Rakesh Jhunjhunwala holds 4.1% stake in Fortis Healthcare, which has delivered flattish returns by rising just 0.4% year-to-date. In the last six months, the stock is up about 31%.
Fortis Healthcare CEO Outlines Strategy for Sustained Profitability - 12 Apr, 2024
In an interview, Fortis Healthcare CEO Ashutosh Raghuvanshi discussed the company's plans to maximize potential of existing hospitals, expand bed capacity and refine specialties. He also emphasized competition's role in promoting transparency and clinical excellence.
Fortis Healthcare's High P/E Ratio Explained by Forecasted Earnings Growth - 03 Apr, 2024
Fortis Healthcare's high P/E ratio of 58.4x is due to forecasted earnings growth that's higher than the broader market, with estimates suggesting a 39% growth over the next year. While this may justify the current P/E ratio, it's important to note that Fortis Healthcare has been relatively sluggish in terms of earnings growth compared to other companies. It remains to be seen if the company can deliver on its projected growth and maintain its high valuation.
Fundamentals of Fortis Healthcare Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Price Rise
In the last 7 days, FORTIS stock has moved up by 3.4%
MF Holding Up
Mutual Funds have increased holdings from 25.04% to 26.51% in Mar 2024 quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 31.17% of holdings in Mar 2024 quarter
Against Peers
In the last 3 years, Max Healthcare Institute Ltd has given 257.5% return, outperforming this stock by 140.4%
Against Peers
In the last 1 year, Global Health Ltd has given 183.0% return, outperforming this stock by 111.0%
Profit Down
Netprofit is down for the last 2 quarters, 173.72 Cr → 134.67 Cr (in ₹), with an average decrease of 22.5% per quarter
Revenue Fall
Revenue is down for the last 2 quarters, 1.78K Cr → 1.69K Cr (in ₹), with an average decrease of 5.0% per quarter
Retail Holding Down
Retail Investor have decreased holdings from 15.71% to 14.45% in Mar 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 23.71% to 23.24% in Mar 2024 quarter
Fortis Healthcare Ltd in the last 5 years
Lowest (-166.21x)
June 25, 2021
Today (60.77x)
April 25, 2024
Industry (93.15x)
April 25, 2024
Highest (165.13x)
April 9, 2020
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 31.17% | 0.00 | |
Foreign Institutions | 23.24% | 0.00 | |
Mutual Funds | 26.51% | 0.00 | |
Retail Investors | 14.45% | 0.00 | |
Others | 4.64% | 0.00 |
Technicals of Fortis Healthcare Ltd share
News & Events of Fortis Healthcare Ltd
Fortis Healthcare Ltd (FORTIS) share price today is ₹443.55
Fortis Healthcare Ltd is listed on NSE
Fortis Healthcare Ltd is listed on BSE
PE Ratio of Fortis Healthcare Ltd is 60.77
PE ratio = Fortis Healthcare Ltd Market price per share / Fortis Healthcare Ltd Earnings per share
Today’s traded volume of Fortis Healthcare Ltd(FORTIS) is 2.56L.
Today’s market capitalisation of Fortis Healthcare Ltd(FORTIS) is ₹33584.31Cr.
Fortis Healthcare Ltd(FORTIS | Price |
---|---|
52 Week High | ₹469.7 |
52 Week Low | ₹254.75 |
Fortis Healthcare Ltd(FORTIS) share price is ₹443.55. It is down -5.57% from its 52 Week High price of ₹469.7
Fortis Healthcare Ltd(FORTIS) share price is ₹443.55. It is up 74.11% from its 52 Week Low price of ₹254.75
Fortis Healthcare Ltd(FORTIS | Returns |
---|---|
1 Day Returns | -1.3% |
1 Month Returns | 8.22% |
3 Month Returns | 4.88% |
1 Year Returns | 71.96% |