Fortis Healthcare Ltd Trades 1.84 Million Shares Worth Rs 181.47 Crores Today

Fortis Healthcare Ltd, a mid-cap player in the hospital industry, has emerged as one of the most actively traded equities today. The stock, trading under the symbol FORTIS, saw a total traded volume of 1,841,150 shares, amounting to a total traded value of approximately Rs 181.47 crores.
The stock opened at Rs 1,004.1 and reached an intraday high of Rs 1,007.5, reflecting a 2.09% increase at its peak. However, it also experienced a low of Rs 956.6, closing at Rs 961.2, which marks a decline of 2.42% for the day. Over the past three days, Fortis Healthcare has faced consecutive declines, resulting in a total drop of 4.92%.

In terms of performance metrics, the stock has underperformed its sector by 0.59%. Notably, the weighted average price indicates that more volume was traded closer to the lower price point. Despite this, there has been a rise in investor participation, with delivery volume increasing by 59.57% compared to the five-day average. The stock remains liquid enough for a trade size of Rs 5.7 crores, based on 2% of the five-day average traded value.

Overall, Fortis Healthcare's performance today reflects a challenging market environment, with notable trading activity amidst a backdrop of declining returns.