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FORTISMLR
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- 5D
- 1M
- 6M
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Revenue Mix
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Recent events
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News
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Corporate Actions
Fortis Malar Hospitals Names Pradeep Kumar Malhotra As CFO
Nov 5 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
NAMES PRADEEP KUMAR MALHOTRA AS CFO
Source text: ID:nBSE4VgvDx
Further company coverage: FORT.BO
(([email protected];;))
Nov 5 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
NAMES PRADEEP KUMAR MALHOTRA AS CFO
Source text: ID:nBSE4VgvDx
Further company coverage: FORT.BO
(([email protected];;))
Fortis Malar Hospitals CFO Yogendra Kumar Kabra Resigns
Aug 23 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
CFO YOGENDRA KUMAR KABRA RESIGNS
Source text for Eikon: ID:nBSE5Ds0kc
Further company coverage: FORT.BO
(([email protected];))
Aug 23 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
CFO YOGENDRA KUMAR KABRA RESIGNS
Source text for Eikon: ID:nBSE5Ds0kc
Further company coverage: FORT.BO
(([email protected];))
Fortis Malar Hospitals Final Dividend Of 2.50 Rupees Per Share
May 17 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
FINAL DIVIDEND OF 2.50 RUPEES PER SHARE
Source text for Eikon: ID:nBSE9bY6n8
Further company coverage: FORT.BO
(([email protected];;))
May 17 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
FINAL DIVIDEND OF 2.50 RUPEES PER SHARE
Source text for Eikon: ID:nBSE9bY6n8
Further company coverage: FORT.BO
(([email protected];;))
Northern Tk Venture, Ihh Healthcare Berhad Revise Open Offer Price For Fortis Malar Shares To 20.1 Rupees Per Share From 60.1 Rupees - Document
April 18 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
NORTHERN TK VENTURE, IHH HEALTHCARE BERHAD REVISE OPEN OFFER PRICE FOR FORTIS MALAR SHARES TO 20.1 RUPEES PER SHARE FROM 60.1 RUPEES - DOCUMENT
Further company coverage: FORT.BO
(([email protected];))
April 18 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
NORTHERN TK VENTURE, IHH HEALTHCARE BERHAD REVISE OPEN OFFER PRICE FOR FORTIS MALAR SHARES TO 20.1 RUPEES PER SHARE FROM 60.1 RUPEES - DOCUMENT
Further company coverage: FORT.BO
(([email protected];))
India's Fortis Malar Hospitals surges on declaring interim dividend
** Shares of Fortis Malar Hospitals FORT.BO rise 20% to 67.59 rupees
** Stock hits upper limit of exchange-mandated trading band
** Healthcare services provider on Friday declared an interim dividend of 40 rupees per share
** Stock on track for a second consecutive session of gains, and its best one-day gain since late-June 2023
** More than 112,000 shares change hands by 11:24 a.m. IST, 4.1x the 30-day avg
** Including session's gain, stock is up ~15% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Fortis Malar Hospitals FORT.BO rise 20% to 67.59 rupees
** Stock hits upper limit of exchange-mandated trading band
** Healthcare services provider on Friday declared an interim dividend of 40 rupees per share
** Stock on track for a second consecutive session of gains, and its best one-day gain since late-June 2023
** More than 112,000 shares change hands by 11:24 a.m. IST, 4.1x the 30-day avg
** Including session's gain, stock is up ~15% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
Fortis Malar Hospitals Says Dividend Of 40 Rupees Per Share
April 12 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
FORTIS MALAR HOSPITALS LTD - DIVIDEND OF 40 RUPEES PER SHARE
Source text for Eikon: ID:nBSEc5VrwT
Further company coverage: FORT.BO
(([email protected];))
April 12 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
FORTIS MALAR HOSPITALS LTD - DIVIDEND OF 40 RUPEES PER SHARE
Source text for Eikon: ID:nBSEc5VrwT
Further company coverage: FORT.BO
(([email protected];))
Fortis Healthcare gains on selling hospital in South India
** Fortis Healthcare FOHE.NS shares up 1.7% at 372.6 rupees
** Co on Friday said it sold assets of Fortis Malar hospital Adyar, Chennai to MGM Healthcare for 1.28 billion rupees ($15.4 million)
** Goldman Sachs retains "buy" rating on stock, saying deal marks significant step in ongoing portfolio rationalisation
** Although management has been able to resolve several of the hospital's legacy issues, some aspects persist - challenging profitability in Malar hospital - GS
** About 2 mln shares change hands, 1.3x the 30-day avg
** Stock up over 29% YTD
($1 = 83.3680 Indian rupees)
(Reporting by Sethuraman NR)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Fortis Healthcare FOHE.NS shares up 1.7% at 372.6 rupees
** Co on Friday said it sold assets of Fortis Malar hospital Adyar, Chennai to MGM Healthcare for 1.28 billion rupees ($15.4 million)
** Goldman Sachs retains "buy" rating on stock, saying deal marks significant step in ongoing portfolio rationalisation
** Although management has been able to resolve several of the hospital's legacy issues, some aspects persist - challenging profitability in Malar hospital - GS
** About 2 mln shares change hands, 1.3x the 30-day avg
** Stock up over 29% YTD
($1 = 83.3680 Indian rupees)
(Reporting by Sethuraman NR)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Fortis Malar Hospitals- Selling Adayar Malar Hospitals For 455 Mln Rupees
Nov 24 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
FORTIS MALAR HOSPITALS LTD- SALE OF ITS BUSINESS OPERATIONS PERTAINING TO FORTIS MALAR HOSPITALS
FORTIS MALAR HOSPITALS LTD- ENTERED AGREEMENT WITH MGM HEALTHCARE
FORTIS MALAR HOSPITALS LTD- DEAL FOR 455 MLN RUPEES
FORTIS MALAR HOSPITALS LTD- MALAR HOSPITALS SALE WILL BE ALL-CASH DEAL, EXPECTED TO BE CONSUMMATED BY END OF JAN 2024
Source text for Eikon: ID:nBSE5zBDbx
Further company coverage: FORT.BO
(([email protected];))
Nov 24 (Reuters) - Fortis Malar Hospitals Ltd FORT.BO:
FORTIS MALAR HOSPITALS LTD- SALE OF ITS BUSINESS OPERATIONS PERTAINING TO FORTIS MALAR HOSPITALS
FORTIS MALAR HOSPITALS LTD- ENTERED AGREEMENT WITH MGM HEALTHCARE
FORTIS MALAR HOSPITALS LTD- DEAL FOR 455 MLN RUPEES
FORTIS MALAR HOSPITALS LTD- MALAR HOSPITALS SALE WILL BE ALL-CASH DEAL, EXPECTED TO BE CONSUMMATED BY END OF JAN 2024
Source text for Eikon: ID:nBSE5zBDbx
Further company coverage: FORT.BO
(([email protected];))
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Popular questions
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What does Fortis MalarHospital do?
Fortis Malar Hospitals Ltd is a top multi-specialty hospital in India, specializing in cardiac care, renal transplants, neurosurgery, trauma care, and more.
Who are the competitors of Fortis MalarHospital?
Fortis MalarHospital major competitors are Aashka Hospitals, Tejnaksh Healthcare, Family Care Hospital, Global Longlife Hosp, KMC Speciality Hosp, Dr Agarwals Eye Hsp, Shalby. Market Cap of Fortis MalarHospital is ₹159 Crs. While the median market cap of its peers are ₹243 Crs.
Is Fortis MalarHospital financially stable compared to its competitors?
Fortis MalarHospital seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Fortis MalarHospital pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Fortis MalarHospital latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Fortis MalarHospital allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Fortis MalarHospital balance sheet?
Balance sheet of Fortis MalarHospital is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Fortis MalarHospital improving?
Yes, profit is increasing. The profit of Fortis MalarHospital is ₹54.08 Crs for TTM, ₹45.32 Crs for Mar 2024 and -₹15.48 Crs for Mar 2023.
Is the debt of Fortis MalarHospital increasing or decreasing?
Yes, The debt of Fortis MalarHospital is increasing. Latest debt of Fortis MalarHospital is -₹33.86 Crs as of Sep-24. This is greater than Mar-24 when it was -₹216.4 Crs.
Is Fortis MalarHospital stock expensive?
Fortis MalarHospital is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Fortis MalarHospital is 2.94, while 3 year average PE is 0.48. Also latest EV/EBITDA of Fortis MalarHospital is 0.0 while 3yr average is 47.56.
Has the share price of Fortis MalarHospital grown faster than its competition?
Fortis MalarHospital has given better returns compared to its competitors. Fortis MalarHospital has grown at ~33.04% over the last 2yrs while peers have grown at a median rate of 7.05%
Is the promoter bullish about Fortis MalarHospital?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Fortis MalarHospital is 62.71% and last quarter promoter holding is 62.71%.
Are mutual funds buying/selling Fortis MalarHospital?
The mutual fund holding of Fortis MalarHospital is stable. The current mutual fund holding in Fortis MalarHospital is 0.07% while previous quarter holding is 0.07%.