ReutersReuters

India's Fortis Malar Hospitals surges on declaring interim dividend

** Shares of Fortis Malar Hospitals FFORTISMLR rise 20% to 67.59 rupees

** Stock hits upper limit of exchange-mandated trading band

** Healthcare services provider on Friday declared an interim dividend of 40 rupees per share

** Stock on track for a second consecutive session of gains, and its best one-day gain since late-June 2023

** More than 112,000 shares change hands by 11:24 a.m. IST, 4.1x the 30-day avg

** Including session's gain, stock is up ~15% YTD

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