Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now

You can switch off notifications anytime using browser settings.
The Economic Times

Trending stocks: Fortis Healthcare shares down 3%

NEW DELHI: Shares of Fortis Healthcare traded 2.87 per cent down in Monday 's trade at 10:08 am.
Around 140712 shares changed hands on the counter. The stock opened at Rs 128.0 and touched an intraday high and low of Rs 128.0 and Rs 124.4 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 167.95 and a 52-week low of Rs 111.3 .

The hospital chain said it has set up isolation wards in all of its 28 hospitals across the country with a total of 262 beds to treat COVID-19 patients.

Fortis Healthcare Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 9731.41 Crore) operating in Hospitals & Allied Services sector.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 1168.92 Crore, down -3.57 % from last quarter Sales of Rs 1212.17 Crore and up 5.95 % from last year same quarter Sales of Rs 1103.27 Crore Company has reported net profit after tax of Rs -73.48 Crore in latest quarter.

Fortis Healthcare Ltd. key Products/Revenue Segments include HealthCare Services which contributed Rs 642.96 Crore to Sales Value (97.93 % of Total Sales), Lease Rentals which contributed Rs 7.04 Crore to Sales Value (1.07 % of Total Sales), Other Operating Revenue which contributed Rs 6.49 Crore to Sales Value (0.98 % of Total Sales)for the year ending 31-Mar-2019.

Promoters holding
Promoters held 31.166512 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 1168.92 crore and net profit of Rs -73.48 crore.

Valuation ratio
It quoted a price-to-earnings ratio of 39.85 and price to book value of 1.33 .
Stay on top of business news with The Economic Times App. Download it Now!