Fortis Healthcare leads losers on BSE's 'A' group

Videocon Industries, Hathway Cable & Datacom, Delta Corp and Power Finance Corporation are among the other losers in the BSE's 'A' group today, 23 June 2017.

Fortis Healthcare slumped 10.94% to Rs 176.30 after reports suggested IHH Healthcare Berhad is not close to concluding any negotiations to buy controlling stake in the company. The stock topped the losers in 'A' group. On the BSE, 21.43 lakh shares were traded on the counter so far as against the average daily volumes of 10.37 lakh shares in the past two weeks.

With regards to news titled HH Pulls Plug on Fortis Deal Over Daiichi Scare, the company clarified during market hours today, 23 June 2017 that the company is still evaluating possible way to raise fund and no firm decision in the regard has been approved by the board till date.

Videocon Industries was locked at 5% lower circuit at Rs 17.20. The stock was the second biggest loser in 'A' group. On the BSE, 4.97 lakh shares were traded on the counter so far as against the average daily volumes of 1.11 lakh shares in the past two weeks. The stock has been battered unabated after two lenders Central Bank of India and Dena Bank declared the company's account as non-performing assets (NPA).

Hathway Cable & Datacom shed 4.5% at Rs 37.15. The stock was the third biggest loser in 'A' group. On the BSE, 40,000 shares were traded on the counter so far as against the average daily volumes of 69,000 shares in the past two weeks.

Delta Corp dropped 4.44% at Rs 155. The stock was the fourth biggest loser in 'A' group. On the BSE, 6.42 lakh shares were traded on the counter so far as against the average daily volumes of 6.72 lakh shares in the past two weeks.

Power Finance Corporation declined 4.35% at Rs 123. The stock was the fifth biggest loser in 'A' group. On the BSE, 4.51 lakh shares were traded on the counter so far as against the average daily volumes of 4.61 lakh shares in the past two weeks.

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