India's Fortis Malar Hospitals surges on declaring interim dividend

Fortis Malar Hospitals

15/04/2024 06:59

** 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)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))