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Fortis Healthcare up 3%

Fortis Healthcare up 3% as the company decided to raise money through a right issue. Volume traded on the bourses is 122240 and the stock has moved up 3% in a month. Company announced that it will raise Rs1000 crore through a right issue and the price has been fixed at Rs 110/- and this fund is used to set up a medicity, two greenfields hospitals and a portion is kept for inorganic growth.

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