Fortis Healthcare Ltd. is experiencing a notable decline in its stock price, trading at ₹540.15, down ₹23.25 or 4.13% at 11:51 AM on September 4, 2024. This drop follows a recent peak, where the stock reached an all-time high of ₹563.40 on August 30, 2024.
The stock opened at ₹555.05 and has fluctuated between a high of ₹557.00 and a low of ₹537.40 during the trading session. The previous close was ₹563.40, indicating a significant pullback from its recent highs.
The decline in Fortis Healthcare’s stock comes amid a broader market correction. Despite this drop, the company had recently reported a 12.16% year-on-year increase in net sales for June 2024, signaling positive growth trends.
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