India's Fortis Healthcare gains after Q1 profit rise
** Shares of Fortis Healthcare FOHE.NS rise 5% to 900.95 rupees ** Co's Q1 consol net profit rises 53.3% Y/Y to 2.67 bln rupees ($29.7 mln) ** Q1 consol revenue jumps 16.6% Y/Y to 21.67 bln rupees ** Trading vols at 2 mln shares so far, over 1.3x the 30-day average ** FOHE up ~25% YTD ($1 = 87.6810 Indian rupees) (Reporting by Vijay Malkar) ((VijayDattaram.Malkar@thomsonreuters.com;))
Recent news on Fortis Healthcare
See all newsIndian healthcare stocks fall after cancer drug price cuts
Indian hospitals face limited impact from cancer drug price cap, Goldman Sachs says
India hospital stocks extend losses on drug pricing concerns; Jefferies sees buying opportunity
India's hospital stocks slide as Supreme Court flags high medicine pricing
India's top court allows forensic audit in Fortis-IHH Healthcare unit case (updated)