Fortis Healthcare gains on block deal
DSIJ Intelligence / 11 Aug 2017
The stock of Fortis Healthcare gained 0.82% at Rs 153.15 per share on the BSE during Friday’s trade after a block deal. The stock witnessed a spurt in volume by more than 1.83 times.
The stock of Fortis Healthcare gained 0.82% at Rs 153.15 per share on the BSE during Friday’s trade after a block deal. The stock witnessed a spurt in volume by more than 1.83 times.
The stock witnessed 30 lakh shares traded in three blocks on the NSE and the BSE at Rs 153.85 to Rs 154.35 per share, respectively.
A block deal is a trade with a minimum quantity of 5 lakh shares or minimum value of Rs 5 crore, executed through a single transaction, on the special block deal window.
The stock on a yearly basis has lost 19.65% returns and has underperformed the BSE Healthcare index and BSE Mid-Cap index. The company has delivered a return on equity of (3.36%) for the last three years.\
Fortis Healthcare is an integrated healthcare delivery service provider. The company is engaged in establishing, maintaining, operating, running, managing or administering hospitals, medicare, healthcare, diagnostic, health aids and research centres.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.