Fortis Healthcare Soars to New All-Time High of ₹1,060.10 Post SEBI Nod to IHH Offer

’s share price surged on Monday after SEBI approved IHH Healthcare’s mandatory takeover offer for an additional 26% stake in Fortis and its subsidiary Malar Hospitals, potentially increasing IHH’s total holding to around 57%. The stock touched a new all-time high of ₹1,060.10 during the session. Fortis shares have been maintaining a strong uptrend, forming higher highs and higher lows for the past six consecutive trading sessions. The latest rally comes after a clear Break of Structure (BoS) on the daily timeframe. The stock is currently trading near its all-time high zone, where price action around this level will be crucial to watch. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.