Fortis Healthcare

Fortis launches ‘Adayu Mindfulness’, dedicated vertical for mental healthcare – ET HealthWorld

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Fortis launches ‘Adayu Mindfulness’, dedicated vertical for mental healthcare – ET HealthWorld

New Delhi: Fortis Healthcare launched ‘Adayu Mindfulness’, a dedicated vertical for comprehensive mental healthcare, alongwith an exclusive collaboration of United We Care and Adayu. This collaboration will leverage the power of artificial intelligence (AI) to enhance mental well-being and accessibility of care for individuals everywhere, powering it further by Adayu’s trained team of mental health … Read more

Health risks for hospitals amid SC diktat, steep valuations

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Health risks for hospitals amid SC diktat, steep valuations

Hospital stocks fell up to 11% on Friday, witnessing their second successive decline following the Supreme Court’s diktat on cost rationalisation. The biggest loser on an intraday basis was Max Healthcare Institute which hit the day’s low of Rs 706.45 on the NSE. It was followed by Yatharth Hospital & Trauma Care Services which plunged … Read more

Hot Stocks: Brokerage view on Fortis Healthcare, Cello World, HPCL and Emami

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Hot Stocks: Brokerage view on Fortis Healthcare, Cello World, HPCL and Emami

Brokerage Nomura maintained a buy rating on Fortis Healthcare, ICICI Securities initiated a buy on Cello World, Morgan Stanley maintained a positive view on HPCL and Emkay has a positive view on Emami. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Nomura on Fortis Healthcare: Buy| Target … Read more

Rekha Jhunjhunwala raises stake in multibagger smallcap, exits these 2 stocks

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Rekha Jhunjhunwala raises stake in multibagger smallcap, exits these 2 stocks

Ace investor Rekha Jhunjhunwala has raised her stakes in smallcap stock D B Realty by 57 basis points to 1.99% in the quarter ended September 30. She has also increased her equity in Fortis Healthcare while slashing it in Federal Bank. Jhunjhunwala held 1.42% in D B Realty at the end of the June quarter. … Read more

Hospital stocks hitting record highs on multiple boosters

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Hospital stocks hitting record highs on multiple boosters

The stock of Apollo Hospitals made it to the Nifty-50 index last year. In May this year, Max Healthcare was included in the MSCI India Standard Index. Synopsis Fortis Healthcare and Healthcare Global Enterprises hit a record highs on Tuesday, Apollo Hospitals and KIMS did so last week. All leading listed healthcare players have hit … Read more

Rs 10,900 cr-worth bulk & block deals take place this week; Amara Raja tops charts

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Rs 10,900 cr-worth bulk & block deals take place this week; Amara Raja tops charts

The week gone by saw a bunch of prominent block and bulk deals in nearly two dozen companies. The total deal value stood at Rs 10,926 crore with a lion’s share accounting for Amara Raja Batteries. The other prominent names include Kotak Mahindra Bank, HDFC Bank, Reliance Industries and Power Grid Corporation. Sizeable block deals … Read more

Hot Stocks: Brokerage view on Apollo Hospitals, HEG, Tata Chemicals, Indigo and Dalmia Bharat

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Hot Stocks: Brokerage view on Apollo Hospitals, HEG, Tata Chemicals, Indigo and Dalmia Bharat

Brokerage firm JPMorgan initiated coverage on Apollo Hospitals with an overweight rating, InCred initiated coverage on HEG with an add rating and Jefferies has a buy rating on Dalmia Bharat. Morgan Stanley downgraded Tata Chemicals to equal-weight and maintained an overweight rating on Indigo. We have collated a list of recommendations from top brokerage firms … Read more

BNP Paribas sees India underperforming EM peers in 2023, excludes ITC, Infosys

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BNP Paribas sees India underperforming EM peers in 2023, excludes ITC, Infosys

BNP Paribas expects Asian equities to outperform developed markets in 2023, but has downgraded its rating on India to “neutral” from “overweight” due to stretched valuations. Within the emerging market pack, BNP Paribas expects India to underperform other markets against the backdrop of the steep up-move seen in 2022. Currently, the BSE Sensex is trading … Read more

5 midcap stocks from 3 sectors that have upside scope of 25% according to analysts

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5 midcap stocks from 3 sectors that have upside scope of 25% according to analysts

Synopsis From a hospital stock, which has been quietly adding number of beds, to a gold loan-focussed lender, five stocks have seen an improvement in analysts’ score on SR plus and their stock prices have also moved higher. This improvement in score along with rise in prices took place amid wild market swings. Does better … Read more

Big Movers on D-St: What should investors do with Fortis Healthcare, Allcargo Logistics and Ambuja Cements?

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Big Movers on D-St: What should investors do with Fortis Healthcare, Allcargo Logistics and Ambuja Cements?

The Indian market recouped most intraday losses but failed to close in the green on Wednesday. The S&P BSE Sensex recovered after falling more than 1,000 points in the morning trade, while the Nifty50 closed above the 18,000 mark. The S&P BSE Sensex closed with losses of more than 200 points but managed to hold … Read more