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Fortis Healthcare rallies after block deal

The stock rallied 11% to Rs 128 on BSE.

SI Reporter Mumbai
Shares of Fortis Healthcare have rallied nearly 11% to Rs 128 on BSE after a huge block deal executed on the counter.

About 3.17 million equity shares representing 0.68% of total equity of Fortis Healthcare have changed hands via block deal, the BSE data shows.

The name of the buyers and sellers are not immediately known.

The stock opened at Rs 118 and touched a high of Rs 130 on BSE. Till 0946 hours, a combined 14.03 million shares changed hands on the counter as compared to around 1 million shares that were traded daily in past two weeks on BSE and NSE.
 
 

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First Published: Feb 11 2015 | 9:49 AM IST

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