The Board of Directors of the company at its meeting held on May 26, 2016, have decided to assess and evaluate a de-merger of the diagnostics business of the Company, in addition to other options that may be available to unlock and monetize value inherent in this business.
Fortis Healthcare Ltd stock was lower by 4% at Rs. 167. The Board of Directors of the company at its meeting held on May 26, 2016, have decided to assess and evaluate a de-merger of the diagnostics business of the company, in addition to other options that may be available to unlock and monetize value inherent in this business.
Fortis Healthcare Ltd stock was lower by 4% at Rs. 167. The Board of Directors of the company at its meeting held on May 26, 2016, have decided to assess and evaluate a de-merger of the diagnostics business of the company, in addition to other options that may be available to unlock and monetize value inherent in this business.
The scrip opened at Rs. 170.95 and has touched a high and low of Rs. 170.95 and Rs. 166.4 respectively. So far 212222(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 8045.26 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 199.2 on 05-Aug-2015 and a 52 week low of Rs. 141.1 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 192 and Rs. 165.7 respectively.
The promoters holding in the company stood at 71.28 % while Institutions and Non-Institutions held 18.1 % and 10.62 % respectively.
The stock is currently trading below its 50 DMA.
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