Fortis Healthcare Open Offer: IHH Healthcare shares
WEB4 days ago · The IHH Healthcare board, in December 2018, had announced an Open Offer price of ₹170 per share to acquire a majority stake in Fortis Healthcare. However, that open offer was put on hold by the Supreme Court. Shares of Fortis Healthcare have more than tripled in the last six years, currently trading at levels above ₹600.
IHH Healthcare CEO: We intend to stay and grow in India with Fortis …
WEB4 days ago · In India, IHH's largest presence is through its acquisition of 31% stake in Fortis Healthcare, completed in November 2018 for around ₹4,000 crore. In an interview with CNBC-TV18, Prem Kumar Nair, Group CEO of IHH Healthcare stated that the company intends to stay and grow in India given the attractiveness of the Indian private healthcare market.
Heavy trading volumes, strong outlook lifts Fortis Healthcare …
WEBAug 30, 2024 · Fortis Healthcare has reported a 40 percent growth in its consolidated net profit at 174 crore for the June quarter, driven by robust performance in its flagship hospital business.
Fortis Healthcare News - The Economic Times
WEB4 days ago · Fortis Healthcare posted a 40% increase in its consolidated profit after tax, reaching Rs 174 crore for the quarter ending June 30, 2024. The rise was driven by a strong hospital business. Revenue grew to Rs 1,859 crore, and the company is set to add nearly 700 beds this fiscal year while exploring more growth avenues.
Fortis Healthcare plans stake acquisition in Agilus Diagnostics
WEBAug 9, 2024 · Fortis Healthcare has announced plans to acquire a 31% stake in its diagnostic arm, Agilus Diagnostics, for Rs17.8bn ($211.99m). This transaction places Agilus's valuation at Rs57bn.
Fortis Healthcare’s profit after tax surges 40.4% in Q1 FY 2025
WEBAug 7, 2024 · India’s Fortis Healthcare has reported a profit after tax (PAT) of Rs1.74bn ($20.72m) for the first quarter (Q1) of the fiscal year 2025 (FY 2025), a 40.4% year-over-year (YoY) increase from...
Fortis Healthcare ihh open offer: Fortis Healthcare on new …
WEBApr 21, 2023 · Fortis Healthcare on new acquisition, expansion and IHH open offer. Last Updated: Apr 21, 2023, 01:05:00 PM IST. Synopsis. Fortis Healthcare plans to add 1,400 more Brownfield beds in the next three years. Despite the increased number of Covid cases, the hospital chain's debt position has improved, and business activity is still on track.
Fortis Healthcare to divest Fortis Malar Hospital, Chennai to …
WEBNov 24, 2023 · Fortis Healthcare to divest Fortis Malar Hospital, Chennai to MGM Healthcare Private Limited. Chennai, November 24, 2023: Fortis Healthcare Limited (“Company” / “Fortis Healthcare”), a leading integrated healthcare delivery service provider in India, today announced signing of definitive agreements by its certain subsidiaries for sale ...
Behind Fortis Healthcare's ambitious new journey to solidify its ...
WEBApr 10, 2024 · After surviving a financial crisis and with most court cases nearing closure, Fortis Healthcare, under new management, is embarking on an ambitious journey to solidify its position in the...
Fortis Healthcare Ltd | Reuters
WEBAug 6, 2024 · The latest international Fortis Healthcare Ltd news and views from Reuters - one of the world's largest news agencies.