Summary
Fortis is one of the few companies which have managed to keep its head above the water in this new and emerging sector in India. Recently declared numbers and upcoming issue are an indicator of its future prospects in this Business. If healthcare excites you keep a watch on Fortis.
Analysis
Hospital Business in India is still in its nasency, most of the hospitials are still government owned or Trust owned.
There are a lot of challenges associated with this line and Fortis is doing a good job by keeping it's head above the water.
Growth potential is limitless as currently India as the maximum number of patients / per bed ratio, and with an ever growing middle class demanding better facilities, services & will to pay, the only way is up!!
This author consults with leading institutions through GLG
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
