India's Fortis Health gains on upbeat FY26 forecast

Max Healthcare Institute

22/05/2025 09:45

** India's Fortis Healthcare FOHE.NS jumps 7.7%, set to snap three-session losing streak

** Hospitals operator expects ~15% rev growth in FY26 and double-digit pct growth in diagnostics business

** Jefferies analysts say that is much higher than what they "penciled in"

** Ambit Capital analysts say forecast shows benefits from new hospitals will continue to accrue

** Analysts avg rating on FOHE, peers Max Health MAXE.NS and Apollo Hospitals APLH.NS is "buy" -LSEG data

** Session's gains erase FOHE's 2025 losses; Max up ~1% YTD, while Apollo down ~5%

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))