Fortis Healthcare Achieves Record Trading Volume Amid Declining Investor Participation

Fortis Healthcare Ltd, a prominent player in the hospital industry, has emerged as one of the most active equities today, with a total traded volume of 2,075,345 shares and a total traded value of approximately Rs 183.49 crores. The stock opened at Rs 885.00, reflecting a gain of 3.13% from the previous close of Rs 858.15. Throughout the trading session, Fortis Healthcare reached a new 52-week and all-time high of Rs 893.00, marking an intraday increase of 4.06%.
In terms of performance, Fortis Healthcare outperformed its sector by 2.19%, while the broader Sensex index saw a decline of 0.29%. The stock's one-day return stands at 3.39%, showcasing its strong market position. Additionally, Fortis Healthcare is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement.

However, it is noteworthy that investor participation has seen a decline, with delivery volume dropping by 65.89% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of up to Rs 3.12 crores, based on 2% of the 5-day average traded value. Overall, Fortis Healthcare's performance today reflects a robust activity level in the market.