Stock to buy today, Sept. 8 -- Shares of Fortis Healthcare Limited continued to rise for the second consecutive day on Tuesday, September 8, but Prabhudas Lilladher remains bullish on the healthcare stock. Despite a 66% rally over two years, the brokerage sees nearly 16% upside.

Last week, the Delhi HC directed the appointment of an auditor to probe alleged asset dissipation by the company's former promoters. The forensic audit is limited to historical shareholding changes and will "have no impact on FORH's capex, brownfield expansion or M&A plans," stated PL Capital in its latest report.

Fortis Healthcare has delivered strong, volume-led growth in the hospital segment over the past 15 months, and the company has maintained occupancy at...