Fortis rally backed by IHH stake buy; Analyst sees more gains
Securities and Exchange Board of India (SEBI) approval for IHH Healthcare to buy an additional 26% stake in Fortis sparks a rally above ₹1,000. Fortis shares have gained nearly 9% in the last five sessions. Analyst Finkhoz said approval signals a significant turning point for the company, offering regulatory clarity and setting the stage for better governance.