Fortis Healthcare Faces Short-Term Decline Amid Long-Term Resilience in Market

Fortis Healthcare has experienced a decline of 3.18% on April 2, 2025, underperforming its sector by 2.45%. This marks the second consecutive day of losses for the stock, which has seen a total drop of 4.58% over this period. The stock reached an intraday low of Rs 665.1, reflecting a decrease of 3.38% during the trading session.
Despite the recent downturn, Fortis Healthcare is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term positive trend in its price performance. Over the past week, the stock has gained 2.85%, contrasting with a 1.35% decline in the broader Sensex index.

In terms of longer-term performance, Fortis Healthcare has shown significant resilience, with a 55.06% increase over the past year and an impressive 448.33% rise over the last five years. Year-to-date, however, the stock has faced challenges, down 7.76%, while the Sensex has decreased by 2.42%. Overall, Fortis Healthcare remains a notable player in the Hospital & Healthcare Services industry.