tiprankstipranks
Trending News
More News >

Fortis Healthcare Secures Trademarks in Landmark Auction

Story Highlights
Fortis Healthcare Secures Trademarks in Landmark Auction

Fortis Healthcare Ltd. ( (IN:FORTIS) ) has shared an announcement.

Fortis Healthcare Limited has successfully acquired the ‘Fortis’ trademarks and allied marks through a public auction, following a legal judgment by the Delhi High Court. This acquisition, valued at INR 200 crores, resolves a long-standing legal dispute involving the company’s former promoters and Daiichi Sankyo Company Limited, potentially strengthening Fortis Healthcare’s brand identity and market position.

More about Fortis Healthcare Ltd.

Fortis Healthcare Limited is a prominent player in the healthcare industry, primarily offering medical services through its network of hospitals and healthcare facilities. The company focuses on providing high-quality healthcare services across India.

YTD Price Performance: -2.80%

Average Trading Volume: 42,932

Current Market Cap: 527.3B INR

For detailed information about FORTIS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App