India's Fortis Healthcare at record high on regulator approval for IHH stake hike

Fortis

06/10/2025 06:55

** Fortis Healthcare FOHE.NS stock rises as much as 7.4% to record 1,052.90 rupees

** Top gainer on Nifty healthcare index .NIFHEIN, which is up 0.6%

** Malaysia's IHH Healthcare IHHH.KL gets SEBI's approval to acquire an additional 26.1% stake each in Fortis and its unit Malar

** IHH's stake in Fortis stands at 31.17%, as of June 30

** Shares of IHH gained 2.2% on the day

** FOHE rated "buy" on avg by 13 analysts, median PT 980 rupees - data compiled by LSEG

** YTD, FOHE up 45%

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))