Fortis Healthcare inches up on launching RENKARE

09 Dec 2011 Evaluate

Fortis Healthcare is currently trading at Rs 112.40, up by 0.10 points or 0.09% from its previous closing of Rs 112.30 on the BSE.

The scrip opened at Rs 111.10 and has touched a high and low of Rs 113.35 and Rs 109.30 respectively. So far 40156 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 110.05 on 22-Nov-2011.

Last one week high and low of the scrip stood at Rs 116.45 and Rs 109.30 respectively. The current market cap of the company is Rs 4550.14 crore.

The promoters holding in the company stood at 81.49% while Institutions and Non-Institutions held 9.29% and 9.23% respectively. 

Fortis Healthcare (India) has launched a chain of stand-alone dialysis centres -RENKARE. These stand-alone centres will expand Fortis’ reach and help meet the rising demand for quality dialysis. Further, the company plans to set up 50 standalone dialysis centres across the country over the next two years, in a phased manner. In the first phase, six centres will come up across Delhi and NCR covering the territory in the North, South, West and East.

RENKARE is manned by a team of experienced renal specialists and is equipped with state-of the- art equipment and technology, will offer excellence in dialysis through reliable, safe and effective services in a hygienic and home-like environment. The centres will also focus on educational programmes, to help patients live healthy and productive lives, even while on haemodialysis.

The centres will have standardised, international dialysis protocols, including the unique Water Testing Protocol, combined with a clean environment and other comforts like reclining chairs, WiFi connectivity and personal LCD screens for a relaxed dialysis experience.

Fortis Healthcare Share Price

680.55 22.85 (3.47%)
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