Hold Fortis Healthcare, says Anu Jain

Excerpts from Bazaar on CNBC-TV18 Watch the full show » RELATED NEWS Sell Fortis Healthcare: Avinash Gorashekhar ALSO READ See previous views by Anu Jain See what other Experts & Brokerages are saying about Fortis Health See messages about Fortis Health Fortis Health BSE | NSE 17/02/12 Are Mutual Funds betting on Fortis Health?

Hold Fortis Healthcare , says Anu Jain , VP - IIFL Private Wealth Management.

Jain told CNBC-TV18, "Fortis Healthcare is looking good, it's given a breakout, its consolidated. The only thing is that the move has been very strong and any kind of support is only closer to Rs 154."

She further added, "For a fresh person to enter its very dicey situation, so only on dips can you really buy it but if you are holding it, I think with a stoploss of about Rs 172 you should continue to hold it because it looks like its moving towards Rs 190-192 odd levels."
 
Fortis Health has touched a 52 week high of Rs 187.45. It touched an intra day high of Rs 187.45 and an intra day low of Rs 180. At 10:04 hrs the share was quoting at Rs 184.60, up Rs 6.25, or 3.50% with volumes of 1,846,391 shares.

Currently the share is 180.12% above the 52-week low of Rs 65.90. The company's trailing 12-month (TTM) EPS was at Rs 0.39 per share.