Yes Bank Reduces Stake In Fortis Healthcare
The private sector lender had 8.76 percent stake in Fortis Healthcare before these transactions. After the sale, the bank now has 6.76 percent stake in the healthcare chain.
Currently, Northern TK Venture Pte Ltd., as promoter of Fortis Healthcare, holds 31.17 percent stake in the company.
On Tuesday, Fortis Healthcare shares rose 4.29 percent to Rs 132.55 apiece on the BSE while the benchmark Sensex gained 0.42 percent to end the day at 39,950.46 points.