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Fortis Healthcare Ltd (FORTIS)

₹452.750.49%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Fortis Healthcare Ltd share Performance

  • ₹447.05
    ₹454
    ₹452.75
    downward going graph

    1.26%

    Low

    Day's Volatility:1.54%

    High

    0.28%

    downward going graph
  • ₹271.9
    ₹470.5
    ₹452.75
    downward going graph

    39.94%

    Low

    52 Weeks Volatility:43.87%

    High

    3.92%

    downward going graph
1 Month Return+ 3.33 %
3 Month Return+ 4.01 %
1 Year Return+ 58.84 %
Previous Close₹450.55
Open₹451.85
Volume32.10K
Upper Circuit-
Lower Circuit-
Market Cap₹34,014.64Cr

Analyst Rating

based on 13 analysts

BUY
84.62%
Buy
15.38%
Hold
0.00%
Sell

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

Company Information

Fortis Healthcare Ltd. is one of the leading healthcare providers in India, with a presence in over 50 cities across the country. Incorporated in 1996, the company offers a comprehensive range of healthcare services, including primary care, secondary care, tertiary care, and quaternary care. It operates in the areas of diagnostics, clinical operations, preventive healthcare, and home healthcare. The company also provides specialty services such as cardiology, neurology, orthopedics, and oncology.

Fortis Healthcare Ltd. is well known for its top products, such as medical equipment, pharmaceuticals, diagnostics, and medical devices. It also has a wide range of popular brands, such as Fortis Health, Fortis Care, and Fortis Plus.

Share Price: ₹452.75 per share as on 18 May, 2024 04:01 PM
Market Capitalisation: ₹34,014.64Cr as of today
Revenue: ₹1,679.68Cr as on December 2023 (Q4 23)
Net Profit: ₹134.23Cr as on December 2023 (Q4 23)
Listing date: 09 May, 2007
Chairperson Name: Ravi Rajagopal
OrganisationFortis Healthcare Ltd
Headquarters
IndustryHealthcare
E-voting on sharesClick here to vote

Key events for Fortis Healthcare Ltd

  • Fortis Healthcare Sees Surge in Cancer Cases; Institutional Shareholders Hold Majority Stake - 13 May, 2024

    Fortis Healthcare sees a significant increase in cancer cases at its Cancer Institute in Bengaluru. The company is largely controlled by institutional shareholders, with IHH Healthcare Berhad holding the largest stake. Fortis plans to expand its cancer care services to underserved populations in Tier-II cities.

  • Fortis Healthcare Stock Shows Uptrend - 06 May, 2024

    Fortis Healthcare's stock has gained traction and is currently in an uptrend, hovering above its exponential moving average on the daily time frame chart.

  • Fortis Healthcare Achieves Impressive Annual EPS Growth - 25 Apr, 2024

    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%.

Fundamentals of Fortis Healthcare Ltd

Insights on Fortis Healthcare Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, FORTIS stock has moved up by 3.3%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 25.04% to 26.51% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Global Health Ltd has given 153.1% return, outperforming this stock by 94.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 31.17% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Max Healthcare Institute Ltd has given 278.1% return, outperforming this stock by 176.0%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 23.71% to 23.24% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.78K Cr → 1.69K Cr (in ₹), with an average decrease of 5.0% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 15.71% to 14.45% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 173.72 Cr → 134.67 Cr (in ₹), with an average decrease of 22.5% per quarter

Fortis Healthcare Ltd Valuation

Fortis Healthcare Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-166.21x)

June 25, 2021

Today (61.55x)

May 17, 2024

Industry (92.58x)

May 17, 2024

Highest (165.13x)

April 9, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option1.47%
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth1.55%
Axis Midcap Fund Direct Plan GrowthAxis Midcap Fund Direct Plan Growth2.19%
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth2.16%
HDFC Small Cap Fund-Direct Growth OptionHDFC Small Cap Fund-Direct Growth Option1.84%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M 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

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Fortis Healthcare Ltd (FORTIS) share price today is ₹452.75

Fortis Healthcare Ltd is listed on NSE

Fortis Healthcare Ltd is listed on BSE

  • Today’s highest price of Fortis Healthcare Ltd is ₹454.
  • Today’s lowest price of Fortis Healthcare Ltd is ₹447.05.

PE Ratio of Fortis Healthcare Ltd is 61.55

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 32.10K.

Today’s market capitalisation of Fortis Healthcare Ltd(FORTIS) is ₹34014.64Cr.

Fortis Healthcare Ltd(FORTISPrice
52 Week High
₹470.5
52 Week Low
₹271.9

Fortis Healthcare Ltd(FORTIS) share price is ₹452.75. It is down -3.77% from its 52 Week High price of ₹470.5

Fortis Healthcare Ltd(FORTIS) share price is ₹452.75. It is up 66.51% from its 52 Week Low price of ₹271.9

Fortis Healthcare Ltd(FORTISReturns
1 Day Returns
2.2%
1 Month Returns
3.33%
3 Month Returns
4.01%
1 Year Returns
58.84%