TheScreener - Fortis Healthcare (FORTIS) FORTIS HEALTHCARE loses on its star level and is downgraded to Slightly Positive

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FORTIS HEALTHCARE loses on its star level and is downgraded to Slightly Positive

The independent financial analyst theScreener just slightly lowered the general evaluation of FORTIS HEALTHCARE (IN), active in the Health Care Providers industry. The title has lost a star(s) at the fundamental level and now shows 2 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date March 15, 2022, the closing price was INR 251.75 and its potential was estimated at INR 310.20.

16/03/2022 1 EN

Underlying

Fortis Healthcare

Fortis Healthcare Limited is an integrated healthcare delivery service provider. The Company is engaged in establishing, maintaining, operating, running, managing or administering hospitals, medicare, healthcare, diagnostic, health aids and research centers. The Company operates through the Clinical Establishments Division and the Medical Services Division. The Clinical Establishments Division owns, maintains and operates clinical establishments (being fully air conditioned institutions established, and specifically customized and duly fitted with all fixtures, fittings, certain medical equipment and infrastructure required for running and operating the hospitals), as well as provides services under outpatient division and radio-diagnostic services. The Medical Services Division undertakes the business of running the hospital operations, including in-patient services and emergency services. The Company operates its healthcare delivery services in India, Dubai, Mauritius and Sri Lanka.

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INE061F01013 National Stock Exchange of India India

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FORTIS HEALTHCARE loses on its star level and is downgraded to Slightly Positive

Empowering Investors

Monthly LMI Update Independent Investment Research

Fortis Healthcare Ltd: 1 director sold

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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