Fortis Healthcare Ltd
FORTIS

192.80

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Turnover (lac)
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Day's Vol.(shares)

191.25

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Turnover (lac)
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Accumulate
Reco. Price
Rs 193.20
We recommend ACCUMULATE as increase in beds in existing capacity and increase in occupancy level will boost top-line. Additionally, acquisition of asset light business and de-merger of diagnostics business will drive earnings. The stock is trading at 15x EV/EBITDA on FY18E earnings. (Target Price.Rs.211)
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50 DMA (.)
187.96
100 DMA (.)
180.42
200 DMA (.)
175.86
Weekly Range (.)
188.10
198.40
Monthly Range (.)
179.15
203.20
52 Weeks Range (.)
142.25
205.00
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