Fortis Healthcare is currently trading at Rs. 109.65, up by 1.10 points or 1.01% from its previous closing of Rs. 108.55 on the BSE.
The scrip opened at Rs. 110.00 and has touched a high and low of Rs. 110.65 and Rs. 109.10 respectively. So far 26165 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 171.50 on 27-Jul-2011 and a 52 week low of Rs. 81.00 on 28-Dec-2011.
Last one week high and low of the scrip stood at Rs. 111.00 and Rs. 104.10 respectively. The current market cap of the company is Rs. 4446.82 crore.
The promoters holding in the company stood at 81.48% while Institutions and Non-Institutions held 6.13% and 12.39% respectively.
India’s second-biggest hospital, Fortis Healthcare India, is planning to raise about $400 million in an initial public offering (IPO) in Singapore later this year. The company is seeking to list as a business trust that will be backed by the assets of its Indian hospitals. A business trust typically pays out a bigger proportion of its income as dividends than a regular company. Standard Chartered, Citigroup, and Religare Capital Markets will be managing the issue.
The company for the quarter ended December 31, 2011 has posted a fall of 39.32% in its net profit to Rs 25.93 crore as compared to Rs 42.73 crore for the same quarter in the previous year. However, total income has increased by 10.25% to Rs 122.11 crore for quarter under review as compared to Rs 110.76 crore for the quarter ended December 31, 2010.
On the consolidated basis, the company has posted a drop of 15.19% in its net profit attributable to the shareholders at Rs 29.26 crore for the quarter ended December 31, 2011 as compared to Rs 34.50 crore for the same quarter in the previous year. However, total income has increased by 60.98% at Rs 657.39 crore for the quarter under review as compared to Rs 408.36 crore year ago.
| 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.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
