Fortis Healthcare Ltd
NSE:FORTIS
During the last 3 months Fortis Healthcare Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 2% over this period (open performance analysis).
The last transaction was made on Feb 22, 2021 by Ashish Bhatia (Chief Operating Officer) , who sold 5.5m INR worth of FORTIS shares.
During the last 3 months Fortis Healthcare Ltd insiders have not bought any shares, and have not sold any shares. The stock price has dropped by 2% over this period (open performance analysis).
The last transaction was made on Feb 22, 2021 by Ashish Bhatia (Chief Operating Officer) , who sold 5.5m INR worth of FORTIS shares.
Fortis Healthcare Ltd
Glance View
Fortis Healthcare Ltd. emerged as a key player in India's healthcare sector, weaving its story through a series of strategic acquisitions and adept management of a dynamic and challenging industry. Founded in 2001, the company quickly expanded its footprint across India, addressing the growing demand for quality healthcare services in a country where infrastructure and access were traditionally limited. Fortis operates a network of hospitals and diagnostic centers, catering to a wide array of specialties, including cardiology, orthopedics, neuroscience, and oncology. Its robust infrastructure and focus on patient-centered care set it apart, enabling it to offer a diversified portfolio of healthcare services that span routine wellness treatments to complex surgeries. The business model Fortis Healthcare champions is centered on generating revenue from a combination of inpatient and outpatient services. By leveraging its network of multispecialty hospitals, the company taps into both urban and semi-urban markets, thus maximizing its reach and customer base. Alongside its hospital operations, Fortis profits from specialized diagnostic services, pharmacy sales, and wellness programs, creating multiple streams of revenue. Its ability to attract renowned medical professionals and incorporate cutting-edge technology ensures a steady flow of patients seeking high-quality care. This focus on operational excellence and strategic market positioning allows Fortis Healthcare to navigate and sustain growth in the competitive landscape of Indian healthcare.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
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