Fortis Healthcare's Stock Sees Positive Trend, Outperforms Sector and Market

Fortis Healthcare, a leading player in the hospital and healthcare services industry, saw a positive trend in its stock performance on October 15, 2024. The company's stock gained 3.07%, closing at Rs 618. This was 1.69% away from its 52-week high of Rs 628.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the stock call for Fortis Healthcare is 'Hold'. The stock has also outperformed the sector by 2.35% on the same day.

The stock also showed a trend reversal, gaining after two consecutive days of fall. It touched an intraday high of Rs 618, a 3.2% increase from the previous day's close.

Fortis Healthcare's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In comparison to the overall market performance, Fortis Healthcare's stock has outperformed the Sensex by 3.37% on a 1-day basis and 7.21% on a 1-month basis.

With its strong presence in the hospital and healthcare services industry and a positive trend in its stock performance, Fortis Healthcare continues to be a top player in the largecap category.