Fortis Healthcare reports consolidated net profit of Rs 453.29 crore in Q3
Fortis Healthcare has reported results for third quarter ended December 31, 2016.
The company has reported a net loss of Rs 61.47 crore for the quarter under review as compared to Rs 14.33 crore for the same quarter in the previous year. However, total income of the company increased by 8.98% at Rs 199.97 crore for the quarter under review as compared Rs 183.50 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net profit of Rs 453.29 crore for the quarter ended December 31, 2016 as compared to net loss of Rs 29.16 crore for the same quarter in the previous year. Total income of the company increased by 14.71% to Rs 1192.31 crore for quarter under review from Rs 1039.38 crore for the quarter ended December 31, 2015.
Technical Levels for Fortis Healthcare
Support at 180 and Resistance at 200—205
Looks positive and could touch its resistance level of 200—205.
Break and sustain above 205 will take to 210—220 and then to 230+ mark else could touch its support level of 180 again.
Looks weak below 180.00
More will update soon!!
