Fortis Healthcare: In the Pink of Health
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Fortis Healthcare is thriving in India's expanding healthcare sector, which is projected to grow significantly, reaching USD 193.6 billion by FY 32. The company reported a 17.3% increase in Q2 26 revenue to INR 23.3 billion, driven by its hospital business. Net income surged 70.3% to INR 3.2 billion, with a bullish stock performance yielding a 36.6% return. Analysts remain optimistic, with a consensus target of INR 1,067.8, indicating a 19.1% upside. However, sustaining growth will require careful management of competition and quality standards.
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