Fortis Healthcare (India) Today

FORTIS Stock   650.15  4.55  0.70%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 23

 
High
 
Low
Low
Fortis Healthcare is trading at 650.15 as of the 28th of November 2024, a 0.70 percent increase since the beginning of the trading day. The stock's open price was 645.6. Fortis Healthcare has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat ok performance during the last 90 days. Equity ratings for Fortis Healthcare Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
Category
Healthcare
Classification
Health Care
Fortis Healthcare is entity of India. It is traded as Stock on NSE exchange. The company has 754.96 M outstanding shares. More on Fortis Healthcare Limited

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Fortis Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fortis Healthcare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fortis Healthcare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO MDAshutosh Raghuvanshi
Thematic IdeaHealth Management (View all Themes)
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, Health Management, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors)
Fortis Healthcare's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Fortis Healthcare's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Fortis Healthcare can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fortis Healthcare's financial leverage. It provides some insight into what part of Fortis Healthcare's total assets is financed by creditors.
Liquidity
Fortis Healthcare cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Fortis Healthcare Limited has accumulated 11.55 B in total debt. Debt can assist Fortis Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Fortis Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fortis Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortis to invest in growth at high rates of return. When we think about Fortis Healthcare's use of debt, we should always consider it together with cash and equity.

Change To Inventory

145.84 Million
Fortis Healthcare Limited (FORTIS) is traded on National Stock Exchange of India in India and employs 12,088 people. Fortis Healthcare is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 487.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fortis Healthcare's market, we take the total number of its shares issued and multiply it by Fortis Healthcare's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Fortis Healthcare operates under Health Care Providers & Services sector and is part of Health Care industry. The entity has 754.96 M outstanding shares. Fortis Healthcare Limited has accumulated about 3.63 B in cash with 11 B of positive cash flow from operations.
Check Fortis Healthcare Probability Of Bankruptcy
Ownership Allocation
Fortis Healthcare holds a total of 754.96 Million outstanding shares. The majority of Fortis Healthcare Limited outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Fortis Healthcare to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Fortis Healthcare. Please pay attention to any change in the institutional holdings of Fortis Healthcare Limited as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Fortis Ownership Details

Fortis Healthcare Risk Profiles

Although Fortis Healthcare's alpha and beta are two of the key measurements used to evaluate Fortis Healthcare's performance over the market, the standard measures of volatility play an important role as well.

Fortis Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fortis Healthcare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Fortis Healthcare Corporate Management

Elected by the shareholders, the Fortis Healthcare's board of directors comprises two types of representatives: Fortis Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortis. The board's role is to monitor Fortis Healthcare's management team and ensure that shareholders' interests are well served. Fortis Healthcare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fortis Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vivek GoyalChief OfficerProfile
Bipin KumarChief OfficerProfile
Sanjay BawejaChief OfficerProfile
Anil VinayakGroup OfficerProfile

Other Information on Investing in Fortis Stock

Fortis Healthcare financial ratios help investors to determine whether Fortis Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortis with respect to the benefits of owning Fortis Healthcare security.