SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Fortis Healthcare shines on getting RBI’s approval to increase FII limit to 74%

10 Jul 2017 Evaluate

Fortis Healthcare is currently trading at Rs. 163.20, up by 4.85 points or 3.06% from its previous closing of Rs. 158.35 on the BSE.

The scrip opened at Rs. 162.00 and has touched a high and low of Rs. 163.90 and Rs. 162.00 respectively. So far 329343 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 230.90 on 03-May-2017 and a 52 week low of Rs. 142.60 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 166.00 and Rs. 152.55 respectively. The current market cap of the company is Rs. 8459.62 crore.

The promoters holding in the company stood at 52.30%, while institutions and non-institutions held 34.90% and 12.80% respectively.

Reserve Bank of India (RBI) has allowed foreign investors to buy more shares in Fortis Healthcare as the company’s board has hiked their investment limit to 74 per cent. Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs) investment limit under Portfolio Investment Scheme (PIS) in the company has increased from 24% to 74% of its paid up capital.

Fortis Healthcare has passed resolutions at its board of directors level and general body as required under FEMA 1999 and foreign investment under PIS in Indian companies.

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 9 countries.

Fortis Healthcare Share Price

889.75 15.45 (1.77%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×