Fortis Healthcare's Stock Hits All-Time High, Outperforms Sector and Sensex

Fortis Healthcare, a leading player in the hospital and healthcare services industry, has recently reached an all-time high in its stock price. On November 20, 2024, the company's stock price hit an impressive Rs.662.95, which is also its new 52-week high. This positive performance has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

In today's trading session, Fortis Healthcare has outperformed the sector by 1.25%, showcasing its strong potential in the market. The stock has been on a consecutive gain for the past 3 days, with a 6.06% increase in returns during this period. The day's high for the stock was Rs.662.95, which is a 2.07% increase from the previous day.

Fortis Healthcare's stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. This is a testament to the company's strong financial performance and growth potential.

In the past year, Fortis Healthcare has shown an impressive 85.03% increase in its stock price, outperforming the Sensex's performance of 17.91%. This further solidifies the company's position as a leader in the hospital and healthcare services industry.

With its recent all-time high and positive performance, Fortis Healthcare is definitely a stock to watch out for in the largecap category. Investors can consider adding this stock to their portfolio for potential long-term gains.