FORTIS - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.9

📊 FORTIS shows mild bullish momentum and strong price action near support, but valuation and fundamentals warrant caution.

🔍 Positive

• MACD positive (9.49) and RSI near 50 (46.0) suggest neutral-to-bullish momentum.
• Trading above both 50 DMA (₹998) and 200 DMA (₹827) confirms short-term strength.
• Quarterly PAT surged from ₹6.86 Cr. to ₹38 Cr., showing strong earnings rebound.
• FII holding increased by 0.72%, indicating foreign investor confidence.

⚠️ Limitation

• Extremely high P/E (438) vs industry average (57.2) implies severe overvaluation.
• ROCE (3.27%) and ROE (1.41%) are weak, indicating poor capital efficiency.
• EPS of ₹1.18 is low relative to price, affecting earnings yield.
• Volume slightly above 1-week average, but not significantly strong for breakout trades.

📰 Company Negative News

• DII holding declined by 0.65%, signaling reduced domestic institutional confidence.

📢 Company Positive News

• Quarterly profit variance of 41.5% highlights operational turnaround and margin improvement.

🏭 Industry

• Healthcare and hospital sector benefits from rising demand and long-term structural growth.
• Industry P/E of 57.2 reflects optimism but also valuation caution.

🧾 Conclusion

• FORTIS offers a fair intraday setup with improving technicals and price support near DMA levels.
• Best suited for cautious momentum trades with tight stop loss and defined exit levels.
• Monitor RSI and MACD for signs of exhaustion or reversal near resistance.

I can track FORTIS’s live RSI and MACD to alert you when momentum strengthens or fades during the session.