Fortis Healthcare Falls After Hospital Deal — Shares of the Delhi-based hospital chain operator fell as much as 10.58 percent to Rs 127.20 after it reached a deal with Manipal Hospitals to demerge its hospital business.
Neal Bhai
Takeaways From Fortis Healthcare Concall
Takeaways From Fortis Healthcare Concall 👍 Fortis Healthcare says hospital business valued at Rs 97-98 per share. 👍 Fortis-Manipal will have a leadership position in the industry.
Rupee Gains Against U.S. Dollar
Rupee Gains Against U.S. Dollar — Rupee opened higher at 64.88 per dollar against yesterday’s close of 64.97.
Nifty Future Intraday Target @10275—10310 Level
Buy Nifty Future (APR) :Intraday Target @10275—10310 Level (Nifty Future 10100 ki Niche Close Nai Hoga) Bank Nifty Future (APR) :Intraday Target @24745—25130 Level (Bank Nifty …
LIC Bought 70% Of Shares In Hindustan Aeronautics’ IPO
Gold Silver Reports (GSR) – LIC Bought 70% Of Shares In Hindustan Aeronautics’ IPO — The Life Insurance Corporation of India bought more than two-thirds of the shares that were up for grabs in state-owned Hindustan Aeronautics Ltd.’s initial public offering.
Stocks To Watch: Bandhan Bank, GSK Consumer, IDBI Bank, SBI
Gold Silver Reports (GSR) – Stocks To Watch: Bandhan Bank, GSK Consumer, IDBI Bank, SBI — Indian equity benchmarks rose for second straight day led by banks after the government reduced its borrowings for April-September by half. Strong global markets on the back of easing U.S.-China trade tensions also aided gains.
Fortis Healthcare To Demerge Hospitals Business Into Manipal Hospitals
Gold Silver Reports (GSR) – Fortis Healthcare Ltd. will demerge its hospitals business into TPG-backed Manipal Hospitals and divest management control of its diagnostics business to the same entity in a two-step deal.