Citigroup trims its holding in Fortis Healthcare (India)

30 Dec 2011 Evaluate

Citigroup Global Markets Mauritius has trimmed its holding in hospital chain Fortis Healthcare (India), controlled by billionaire brothers Malvinder and Shivinder Singh. The foreign fund house has sold 25.55 lakh shares of hospital chain for Rs 22 crore in the secondary market through a bulk deal.

Citigroup Global Markets Mauritius held 11,520,896 shares or 2.84% stake in Fortis Healthcare (India), as on September quarter.

Fortis Healthcare (India) is committed to clinical excellence and patient-centric healthcare, which is manifest in hospital design, patient services, medical programmes and the compassionate approach of medical and non-medical hospital staff. Fortis commissioned its first hospital in 2001 at Mohali, near Chandigarh, and has expanded its operations to become a network with an over 10,000 bed capacity across 68 hospitals.

Fortis Healthcare Share Price

677.20 -0.80 (-0.12%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Apollo Hospital Ent. 7248.75
Max Healthcare Inst 1166.60
Narayana Hrudayalay 1286.30
Aster DM Healthcare 486.85
Global Health 1098.95
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.