Motilal Oswal sets ₹940 target for Fortis after H1 FY27
Business
Motilal Oswal is encouraging investors to check out Fortis Healthcare shares, setting a target price of ₹940.
The confidence comes from Fortis's marginally better-than-expected performance in the first half of fiscal 2027, driven by stronger-than-anticipated profitability in diagnostics as well as the hospital business.
Fortis hospital revenue up 18.8%
Fortis posted an 18.8% jump in hospital revenue in H1 FY27 (first half of fiscal 2027, Apr-Sep 2026), with more patients coming in and each visit bringing in more revenue (up 6.1%).
They're also expanding fast, with the acquisition of 110-bed Suguna Hospital in Bengaluru and a long-term healthcare services agreement for a 400+ bed hospital in Ashok Vihar, Delhi.