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BUZZ-India's Fortis Healthcare jumps after block trade; Goldman Sachs starts with "buy"
August 23, 2017 / 4:49 AM / a month ago

BUZZ-India's Fortis Healthcare jumps after block trade; Goldman Sachs starts with "buy"

** Shares of Fortis Healthcare Ltd rise as much as 6 pct to 150.00 rupees, their biggest intraday pct gain since Aug. 3

** Rekha Jhunjhunwala, wife of investor Rakesh Jhunjhunwala, bought 4.5 mln shares worth 605.9 mln rupees ($9.5 mln) on Tuesday - NSE data

** Goldman Sachs initiates stock coverage with “buy” rating and a target price of 190 rupees

** Stock had shed 21.7 pct this year as of Tuesday’s close, compared with the Nifty 500 index’s 21.7 pct rise during the same period

$1 = 64.0900 Indian rupees

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