Fortis Healthcare reported a 19% revenue growth in its hospital business, driven by acquisitions and brownfield expansions. The company anticipates reaching 70% occupancy within a year and is on track for margin expansion, with hospital EBITDA expected to reach 24-25%.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.