Sell Fortis Healthcare, target Rs 130: Manas Jaiswal
Sell Fortis Healthcare at a price target of Rs 130 and a stop loss at Rs 143.50 from entry point.
The current market price of Fortis Healthcare is Rs 138.90.
Time period given by the analyst is intraday when Fortis Healthcare price can reach defined target.
Manas Jaiswal recommended to keep stop loss at Rs 143.50.
Fortis Healthcare, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 7,202.21 Crore) operating in Pharmaceuticals and health care sector.
The company’s top management includes Dr.Brian William Tempest, Dr.Preetinder Singh Joshi, Dr.Shivinder Mohan Singh, Mr.Harpal Singh, Mr.Malvinder Mohan Singh, Mr.Pradeep Ratilal Raniga, Ms.Joji Sekhon Gill, Ms.Shradha Suri Marwah.
Company has Deloitte Haskins & Sells LLP as its auditors.
As on 30-09-2017, the company has a total of 518,517,631 shares outstanding.
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