Fortis Healthcare: Fortis acquires 110-bedded Suguna Hospital, Rajajinagar, Bengaluru for approx. INR 277 Crs; facility…
Fortis Healthcare (FORTIS) filed a disclosure titled "Fortis acquires 110-bedded Suguna Hospital, Rajajinagar, Bengaluru for approx. The company is valued at about ₹57,339 crore.
What happened
Fortis Healthcare (FORTIS) filed a disclosure with the exchanges on 28 October 2026 at 07:12 PM titled "Fortis acquires 110-bedded Suguna Hospital, Rajajinagar, Bengaluru for approx. INR 277 Crs; facility provides further potential to scale up to 150 beds".
From the filing: "Fortis Healthcare Limited has informed the Exchange regarding a press release dated October 28, 2026, titled "Fortis acquires 110-bedded Suguna Hospital, Rajajinagar, Bengaluru for approx."
Company snapshot
Fortis Healthcare is a mid-cap company in the Healthcare sector, with a market value of about ₹57,339 crore.
The stock last traded at ₹759.5, against a 52-week range of ₹705–₹1,067.7 (28.9% below the high).
Before this filing the shares had moved −17.8% over the month and −22.0% over three months. Average daily turnover over the last 20 sessions was about ₹174 crore.
Promoters held 31.17% at the end of Q1 FY27. Foreign institutions owned 25.20% and domestic institutions 32.23%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 2,167 | 260.3 | 3.45 |
| Q2 FY26 | 2,331 | 321.9 | 4.26 |
| Q3 FY26 | 2,265 | 193.7 | 2.57 |
| Q4 FY26 | 2,365 | 265.9 | 3.52 |
| Q1 FY27 | 2,545 | 266.4 | 3.53 |
What history shows
BCEIE's records show 3 previous m&a filings from the company since May 2026.
Across 148 similar disclosures by other Healthcare companies, shares moved +0.6% on average the next day and +0.9% over five days; 57% of them rose the next day.
Market-wide, 2,167 m&a filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Fortis Healthcare Ltd. Estimates – NSE:FORTIS
- Centrally sponsored insurance must be periodically revised: Fortis MD
- Fortis Healthcare Share Price
- Fortis Healthcare In Focus As Supreme Court Suggests 16% Margin Cap On Medicines
- HCG, Apollo Hospitals, Max, Fortis Health share price could see further pressure today; Here's why
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.