The stock gained 4.17 per cent to end at Rs 153.80 on BSE. Intra-day, it rose by 4.63 per cent to Rs 154.50.
At NSE, shares of the company gained 4 per cent to close at Rs 153.90.
The company's market valuation rose by Rs 319.95 crore to Rs 7,976.95 crore.
In terms of equity volume, 16.19 lakh shares of the company were traded on BSE and over one crore shares changed hands at NSE during the day.
Last month, FHL board approved the demerger of Fortis hospitals business, which would be acquired by Manipal Hospitals and TPG Capital, along with the sale of 20 per cent stake in diagnostics chain SRL Ltd.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)