CRISIL Ratings on the bank facilities of Fortis Healthcare Limited

CRISIL Ratings Limited has upgraded Long Term Rating from 'CRISIL A/ Watch Developing Watch Developing (continues on 'Rating Watch with Developing Implications')' to 'CRISIL A+/ Watch Developing' for the Company and its subsidiaries viz Escorts Heart Institute and Research Centre Limited, Fortis Hospotel Limited, Fortis Hospitals Limited and International Hospital Limited. Also, SRL Limited has been assigned Long-term rating 'CRISIL A+/ Watch Developing' (assigned/ placed on Rating Watch with Developing Implications').

Further, the short-term rating remains same as CRISIL A1/ Watch Developing (continues on 'Rating Watch with Developing Implications').

Shares of FORTIS HEALTHCARE LTD. was last trading in BSE at Rs. 254.8 as compared to the previous close of Rs. 246.55. The total number of shares traded during the day was 287013 in over 7537 trades.

The stock hit an intraday high of Rs. 256.9 and intraday low of 246.6. The net turnover during the day was Rs. 72482570.

Source : Equity Bulls

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