Stock Market Today, Feb. 28 -- Max Healthcare Ltd, Apollo Hospitals Enterprise Ltd, Fortis Healthcare Ltd and Medanta (Healthcare Global ltd) share prices have traded volatile with pressure on the markets. The Max Healthcare, Apollo Hospitals Enterprise, Fortis Healthcare, Medanta share price are trading around 20% lower than their 52 week highs
Apart from correction seen with down turn in the markets recently, analysts at Jefferies India Pvt Ltd have said that over past two years, the negative news flows related to price standardisation and increasing free bed allocation drove a swift correction in hospital stocks. However, the recovery was equally fast once investors realised that the impact is insignificant. Jefferies believes recent ...
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