Friday 11 May 2018

Fortis Healthcare falls 4% as board opts for Munjal-Burman offer

The stock had outperformed the market by surging 24% from its recent low of Rs 123 on March 28, 2018, against 7% rise in the S&P BSE Sensex till Thursday. Fortis Healthcare was trading 4% lower at Rs 146 on the BSE, after the company said the board chooses the Hero Enterprises-Burman Family Office offer as the best for the hospital and diagnostic chain.

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