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Fortis Healthcare gains on availing secured financing facility worth Rs 160 crore

18 Apr 2018 Evaluate

Fortis Healthcare is currently trading at Rs. 145.10, up by 0.60 points or 0.42% from its previous closing of Rs. 144.50 on the BSE.

The scrip opened at Rs. 148.00 and has touched a high and low of Rs. 148.00 and Rs. 144.70 respectively. So far 413699 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. 106.65 on 06-Feb-2018.

Last one week high and low of the scrip stood at Rs. 158.00 and Rs. 143.30 respectively. The current market cap of the company is Rs. 7531.19 crore.

The promoters holding in the company stood at 0.77%, while Institutions and Non-Institutions held 67.54% and 31.69% respectively.

Fortis Healthcare has availed a secured financing facility worth Rs 160 crore from RattanIndia Finance on March 29, 2018. The funding is for a tenor of three years for meeting its working capital requirements and general corporate purposes.

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.

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