Fortis is a turn around for investment
Don't go with promoters holding
They sold Ranbaxy for 9000 crores to built up Fortis and started by acquiring Escorts Okhla. And just within 10 years they were second largest healthcare chain of India(1st being Apollo Hospital), but they didn't stopped there. When I was working in Fortis(2011), they were still expanding. Every units faced cash crunch due to this expansion, check how fixed assets were growing.
Now that they have been stabilised. Its time to mint profits.
So sit in Bullet train of Fortis before it starts and enjoy the ride.
Happy investing💸💸💸💸💸💸💸
#JTtime.blogspot.com
Don't go with promoters holding
They sold Ranbaxy for 9000 crores to built up Fortis and started by acquiring Escorts Okhla. And just within 10 years they were second largest healthcare chain of India(1st being Apollo Hospital), but they didn't stopped there. When I was working in Fortis(2011), they were still expanding. Every units faced cash crunch due to this expansion, check how fixed assets were growing.
Now that they have been stabilised. Its time to mint profits.
So sit in Bullet train of Fortis before it starts and enjoy the ride.
Happy investing💸💸💸💸💸💸💸
#JTtime.blogspot.com
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