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Fortis, Apollo, other hospital stocks slump up to 10% in 2 days after SC questions steep markups. Buying opportunity?Hospital stocks extended losses for a second session after the Supreme Court questioned steep markups on cancer drugs and raised concerns o...- Jefferies picks 6 hospitals as Buy after steep correction offers 'excellent' entry points. Check target priceJefferies has maintained a Buy rating on six hospital stocks, including Apollo Hospitals and Fortis Healthcare, following a sharp correctio...
- Hospital stocks slip after SC query on steep cancer drug markupsIn a landmark ruling, the Supreme Court of India highlighted troubling markups on cancer drugs enforced by hospitals, urging a probe into r...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities declined for a third straight session, with Sensex losing 49 points and Nifty falling 96 points as rising bond yields weigh...
- Hospital stocks fall up to 6%: Apollo, Fortis, KIMS tumble as SC questions drug mark-upsHospital stocks came under pressure after the Supreme Court raised concerns over steep mark-ups on medicines sold through corporate hospita...
- SC upholds HC order, clarifies scope of Fortis forensic auditThe Supreme Court maintained the Delhi HC's directive for a forensic audit of certain banking transactions. This audit specifically concern...
- IHH plans to raise Fortis stake to 51%, expand capacity to 10,000 beds by 2031IHH Healthcare aims to raise its stake in Fortis Healthcare to 51 percent within three to five years. The company intends to increase Forti...
- SC draws the line on Fortis audit, says no ‘fishing and roving’ probe into banksThe Supreme Court clarified the forensic audit's focus is on Fortis Healthcare Holdings Private Limited and the Singh Brothers. This audit ...
- 5 stocks with consistent score improvement and upside potential of up to 26% in 1 year, according to analystsWhen fear and uncertainty are the primary feelings on the street, the ability to rationally deal with negative news drops sharply. That is ...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25% according to analystsThe coming earnings season will reflect the impact of the bad monsoon, higher oil prices, and, in pockets, higher inflation. Given that, in...
- Goldman Sachs sees Eternal achieving $1 billion EBITDA by FY29; raises target priceGoldman Sachs maintained a Buy rating on Eternal, formerly Zomato, raising its target price by 11% to Rs 385. The brokerage foresees Eterna...
- India's top court disposes of Fortis' petition against IHH Healthcare unitMalaysia's IHH Healthcare said on Monday that India's top court has disposed of Fortis Healthcare's petition challenging a court-ordered fo...
- Fortis Healthcare shares in focus as Supreme Court allows forensic audit to proceedFortis Healthcare shares will be in focus after the Supreme Court allowed a forensic audit of the hospital chain to proceed, while clarifyi...
- Fortis says it was ‘complete stranger’ to Daiichi-Singh Brothers arbitration disputeFortis Healthcare has stated that it has no involvement in the dispute between Daiichi Sankyo and the Singh Brothers. The Supreme Court has...
- Fortis Healthcare confident forensic audit will clear company in share transfer disputeFortis Healthcare has expressed confidence that a forensic audit will verify its non-involvement in a share transfer dispute. The Supreme C...
- Ahead of Market: 10 things that will decide stock market action on MondayIndian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vin...
- Fortis defends itself after Supreme Court allows forensic audit, says it was "complete stranger" to Daiichi-Singh Brothers disputeIn a disclosure to the stock exchanges, Fortis said the Supreme Court, in its September 25 order, disposed of the company's Special Leave P...
- SC clears forensic audit of Fortis-IHH deal involving erstwhile Religare promoters Singh brothersThe Supreme Court has cleared the way for a Delhi High Court-appointed forensic auditor to examine transactions involving Fortis Healthcare...
- Supreme Court backs Delhi HC orders in Daiichi-Fortis dispute, clears way for forensic auditThe Supreme Court has declined to interfere with Delhi High Court orders in the long-running Daiichi Sankyo-Fortis dispute, allowing a fore...
- Fortis audit order could drag listed firms into promoters' personal debt cases: InGovernInGovern has warned that the Delhi High Court’s Fortis Healthcare forensic audit order could set a wider precedent, potentially exposing li...
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