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Fortis Healthcare rises after Bengaluru acquisition

Fortis Healthcare rose 2.3% to ₹911.4 after acquiring People Tree Hospital in Bengaluru. The investment of ₹4.1 billion will expand capacity to over 300 beds, with analysts upgrading the stock to "buy" and a median price target of ₹1,080.

after close1 source ↓written by the desknot a recommendation

in Bengaluru
125-bedded People Tree Hospital
to expand capacity
₹4.1 billion
capacity
300 beds
in stock price
20% drop
from 14 analysts
₹1,080

Fortis Healthcare rose 2.3% to ₹911.4 following its acquisition of 125-bedded People Tree Hospital in Bengaluru. This move aims to strengthen its foothold in the South Indian healthcare market. The company plans to invest ₹4.1 billion to expand capacity to over 300 beds.

Analysts have upgraded Fortis to "buy" after a 20% drop in stock price from recent highs, with a median price target of ₹1,080 from 14 analysts. YTD, the stock is up 26.6%.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 22 Dec 2025, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

FORTIS closed −1.4% on the day of the news, from ₹914.15 to ₹901.60; Nifty 0.0% over the same session; futures OI +2.4%.

Bulletin at 16:03 IST on 22 Dec 2025. Every change is measured from ₹914.15, the last close before it, on 22 Dec. Nifty 50 is measured over the same sessions.

  • FORTIS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
FORTIS closes around the bulletin against the close before the news, with Nifty 50 rebased to it792.02914.151036axis spans 31%before the news · 22 Dec914.15Nifty 50FORTISbulletinD0+1+3+516 Dec29 Dec7 JanFutures open interest, lotspeak 19,000Reference close ₹914.15. 16 sessions from 16 Dec to 7 Jan; the price axis spans 31 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before22 Dec₹914.15basebase
On the day23 Dec₹901.60▼ −1.4%0.0%−1.4 pp difference
+1 session24 Dec₹902.70▼ −1.3%▼ −0.1%−1.1 pp difference
+3 sessions29 Dec₹883.80▼ −3.3%▼ −0.9%−2.4 pp difference
+5 sessions31 Dec₹884.00▼ −3.3%▼ −0.2%−3.1 pp difference
Gap at the open, % · ₹
▲ +0.1%+0.82 on 23 Dec
Day's range, % · ₹
2.4%≈ 22 high to low
Volume on the day
0.42×the 20-session average
Futures OI on the day
▲ +2.4%+400 lots · short build-up · price −1.4%
Futures OI open, lots
17,00023 Dec · 30 Dec expiry
Futures premium, ₹
−0.250.0% to spot
Puts per call, by OI
0.47from 0.52 the session before
Max pain
900from 900 the session before

Source NSE UDiFF bhavcopy · FORTIS on the desk →

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