Fortis Healthcare trims losses, stock down 1% after falling 13% intraday

A combined 19.15 million equity shares changed hands on NSE and BSE till 10:20 am.

Fortis Healthcare trimmed most of its losses and was down 1% after hitting 30-month low of Rs 126, down 13% on the National Stock Exchange (NSE) in intra-day trade, on the back of heavy volumes. The stock was trading at its lowest level since February 11, 2015.

The trading volumes on the counter more than doubled with a combined 19.15 million equity shares 3.7% of total equity of Fortis Healthcare exchanging hands on the NSE and BSE till 10:20 am.

On August 14, Fortis Healthcare had informed the stock exchanges that, Fortis Healthcare Holdings Private Limited, the promoter