Avoid Fortis at present: Ashish Maheshwari, Globe capital market Ltd

Ashish Maheshwari, Director, Globe capital market Ltd, in a chat with ET Now talks about Fortis Healthcare.

What are your views on Fortis Healthcare?

In Fortis, we have not seen action for some time. A lot of investors got stuck up in this stock when the news came at around 165. Then the stock came down. You are going to see some upside in the stock when there will be clarity that they are going to win the Singapore company. Till the time the clarity comes, just remain away from the stock and once clarity is there, then only you should enter the stock. The sector looks appealing. There is no doubt, but invest when there is clarity on this.