Rakesh Jhunjhunwala raises stake in Fortis Healthcare in Q4FY21

14 Apr 2021 Evaluate
Rakesh Jhunjhunwala, ace Indian investor has increased his stake in Fortis Healthcare by adding 25.50 lakh shares of the company in the March quarter of the financial year 2021 (FY21).

On April 13, the ace investor held 3,25,50,000 shares, or 4.31 percent stake, in Fortis Healthcare at the end of the March quarter. At the end of Q3FY21, Jhunjhunwala and his wife collectively held 3 crore shares of the company (Jhunjhunwala held 1,35,50,000 shares and his wife held 1,64,50,000 shares of Fortis Healthcare).

Apart from Jhunjhunwala, mutual funds also raised their stake in the company to 9,24,68,105 shares (12.25 percent stake) in Q4 from 8,11,14,159 shares (10.74 percent stake) in Q3.

Foreign portfolio investors (FPIs), however, reduced their stake to 25,98,43,083 shares (34.42 percent stake) in the March quarter against 27,80,19,996 shares (36.83 percent stake) in the December quarter.

Fortis Healthcare is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care specialty and hospitals, with a healthcare network spanning various countries.

Fortis Healthcare Share Price

674.75 -2.45 (-0.36%)
23-Dec-2024 10:47 View Price Chart
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