Fortis Healthcare Faces Challenges Amid Notable Stock Decline and Market Volatility
Fortis Healthcare's stock declined on February 6, 2025, reversing a brief period of gains. Despite being above several moving averages, it remains below the 50-day average. Over the past month, the stock has dropped significantly, contrasting with the minimal decline of the Sensex, indicating challenges in the healthcare sector.
Fortis Healthcare has experienced a notable decline of 3.1% on February 6, 2025, underperforming its sector by 1.68%. This drop follows a brief period of gains, marking a trend reversal after two consecutive days of positive performance. The stock reached an intraday low of Rs 649, reflecting a decrease of 2.72% during the trading session.In terms of moving averages, Fortis Healthcare's stock is currently positioned higher than its 5-day, 20-day, 100-day, and 200-day moving averages, yet it remains below the 50-day moving average. Over the past month, the stock has seen a significant decline of 10.27%, contrasting sharply with the Sensex, which has only dipped by 0.09% during the same period.
These performance indicators highlight the current challenges faced by Fortis Healthcare within the Hospital & Healthcare Services industry, as it navigates a volatile market landscape. Investors and market watchers will be keen to observe how the company addresses these trends moving forward.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
