Fortis Healthcare Limited lists at Rs.110, drifts below offer price

The equity shares of Fortis Healthcare Limited listed in NSE and BSE today. In NSE, the stock opened with a small premium at Rs.110 compared to the issue price of Rs.108. The stock then drifted lower and went below the offer price.

In NSE, the stock hit an intraday low of Rs.98.05 and high of Rs.110. The stock was last trading at Rs.102.45, down by Rs.5.55 or 5.14%. Till 12:54 PM 15009340 shares changed hands at an average price of Rs.104.21 resulting in a turnover of Rs.15641.23 Lakhs.

In BSE, the stock opened below the offer price at Rs.105. The stock hit an intraday low of Rs.97.90 and high of Rs.109.10. The total traded quantity was 9492278 at a weighted average price of Rs.104.16. The stock was last trading at Rs.102.60, down by Rs.5.40 or 5%.

Source : Equity Bulls

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