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Fortis Healthcare gains 6% after Rekha Jhunjhunwala buys stake

On August 22, Rekha Jhunjhunwala bought 4.5 million shares of Fortis at Rs 134.65 per share on NSE

Fortis Healthcare board approves scheme for diagnostics business demerger
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SI Reporter Mumbai
Fortis Healthcare gained 6% to Rs 150 on the National Stock Exchange (NSE) in early morning trade after Rekha Jhunjhunwala bought nearly one percentage point stake in the company via open market.

On Tuesday, August 22, Rekha Jhunjhunwala, wife of investor Rakesh Jhunjhunwala, bought 4.5 million shares or 0.9% stake in Fortis Healthcare through bulk deal at Rs 134.65 per share, the NSE data showed. CLICK HERE FOR BULK DEALS DATA

Yesterday, around 58.4 million shares representing 11.27% of total equity of Fortis Healthcare had changed hands on the NSE and BSE. The stock has recovered

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