/ Fortis Healthcare Gets Nod For Raising Foreign Investments ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 10 July 2017

Fortis Healthcare has received approvals from the shareholders and Reserve Bank of India (RBI) for enhancement of the ceiling limit on total holdings of FII/SEBI approved sub-accounts of FIIs, FPIs, QFIs, Non-Resident Indians (NRIs) and Person of Indian Origin (PIO) under the Portfolio Investment Scheme upto 74% of the paid-up equity capital of the company. 

Previously, the FII/FPI investment limit under portfolio scheme was 24%.

Fortis Healthcare was trading at Rs 163.60, up by Rs 5.25 or 3.32% as at 1420 hours on Monday, on the BSE. The stock had hit an intraday high of Rs 163.90.

Fortis Healthcare Limited is an integrated healthcare delivery service provider. The company is engaged in establishing, maintaining, operating, running, managing or administering hospitals, medicare, healthcare, diagnostic, health aids and research centers. 

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