Hospital Stocks Fall up to 6%: Apollo, Fortis, KIMS Tumble as SC Questions Drug Mark-Ups

Fortis Healthcare Opening Bell Updates: Share Price Dips Amidst Legal Overhang

Fortis Healthcare (NSE: FORTIS) share price is trading at ₹759.20, down 1.40%, as markets react to a Supreme Court ruling allowing a forensic audit and mixed global cues. Fortis Healthcare Opening Bell Updates: Share Price Dips Amidst Legal Overhang.

India Hospital Stocks Erase $2.6 Billion as Top Court Flags Drug Markups

Indian healthcare stocks eroded 248 billion rupees ($2.6 billion) in market value on concerns that high-margin pharmacy revenue may come under threat after the top court questioned steep markups on lifesaving cancer drugs.

Hospital stocks fall up to 6%: Apollo, Fortis, KIMS tumble as SC questions drug mark-ups

Hospital stocks came under pressure after the Supreme Court raised concerns over steep mark-ups on medicines sold through corporate hospitals.

Why are Apollo, Max Healthcare, Yatharth, KIMS hospital stocks under pressure today?

Apollo Hospitals fell nearly 6% to a low of ₹8,161 on the NSE, while Max Healthcare shed 6.7% to ₹915.50. Yatharth Hospital & Trauma Care Services also declined 6.7% to ₹1,033.50.

Apollo Hospitals, Yatharth, others fall up to 6% on SC's 'corporate hospitals don't spare anyone' remark

The Supreme Court has raised concerns over the high mark-ups on medicines by private hospitals and their practice of requiring inpatients to purchase drugs through in-house pharmacies

Hospital stocks Max Healthcare, Apollo Hospitals, Fortis plunge up to 7% - What is driving the stocks down?

Stocks, such as Max Healthcare Institute (down 7%), Apollo Hospitals Enterprise (down 6%), Yatharth Hospital (down 5%), Fortis Healthcare (down 6%), Artemis Medicare Services (down 5%), and Aster DM Quality Care (down 5%), crashed 5-7%.