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3 Multi Speciality Hospitals Chain, Stock Exchange Operator and Shrimp Feed Company Stocks With a Strong Future Roadmap: Fortis Healthcare, BSE Ltd and Avanti Feeds

Fortis Healthcare, BSE Ltd and Avanti Feeds: ROE of 10.5% to 37.4% and FY22 to FY26 revenue CAGR of 5.2% to 56.3%. Prices as of 4 Nov 2026.


5 Nov 2026 • 11:31 am

3 Multi Speciality Hospitals Chain, Stock Exchange Operator and Shrimp Feed Company Stocks With a Strong Future Roadmap: Fortis Healthcare, BSE Ltd and Avanti Feeds

Quick Answer

The three banking software, cable and cloud stocks to watch are Fortis Healthcare, BSE Ltd and Avanti Feeds. Their return on equity ranges from 10.5% to 37.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.2% to 56.3%. BSE Ltd leads on both return on equity at 37.4% and revenue growth at 56.3% a year. Prices are based on the 4 November 2026 close, and this article is educational, not investment advice.

Banking software, cable and cloud stocks give investors a way to track businesses that sit close to everyday demand in India. Fortis Healthcare, BSE Ltd and Avanti Feeds cover a multi speciality hospitals chain, a stock exchange operator and a shrimp feed company.

This list covers three banking software, cable and cloud stocks with complete current figures: Fortis Healthcare, BSE Ltd and Avanti Feeds. Every figure comes from the latest reported financials and the 4 November 2026 market close. Companies without complete current figures were left out.

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What Are Banking Software, Cable and Cloud Stocks?

Banking software, cable and cloud stocks are listed companies that run multi-speciality hospitals across India, operate a stock exchange earning from trading, listing and data products, and make shrimp feed while processing and exporting shrimp. Their earnings depend on patient volumes, market activity and aquaculture output.

Banking Software, Cable and Cloud Stocks at a Glance

Company CMP (Rs) Market Cap (Rs Cr) P/E Industry P/E ROE (%) D/E
Fortis Healthcare 790.65 55,554 51.9 59.6 10.5 0.35
BSE Ltd 3,601.5 131,779 46.7 40.1 37.4 0.00
Avanti Feeds 706.55 9,865 16.8 33.9 18.4 0.00

On valuation, Fortis Healthcare and Avanti Feeds trade at a P/E below the industry P/E, while BSE Ltd trades above it, which reflects the growth the market already expects. Readers comparing banking software, cable and cloud stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.

Why Do Banking Software, Cable and Cloud Stocks Have a Strong Roadmap in India?

Banking software, cable and cloud stocks have a strong roadmap in India because growing demand for advanced hospital care, rising investor participation and expanding seafood exports keep widening the market for these companies.

  • Hospitals. Cardiac and cancer care draw more patients.
  • Stock exchange. More investors trade equities and derivatives.
  • Shrimp feed. Aquaculture farmers need steady feed supply.

Why Fortis Healthcare Features Among These Banking Software, Cable and Cloud Stocks

Among the banking software, cable and cloud stocks on this list, Fortis Healthcare operates a network of multi-specialty hospitals across India, with strengths in cardiac sciences, oncology, neurosciences and orthopaedics, and it also runs a diagnostics business.

In the June 2026 quarter, revenue grew 17.3% year on year to Rs 2,560 crore, while net profit rose 2.3% to Rs 273 crore. Revenue rose from Rs 5,745 crore in FY22 to Rs 9,178 crore in FY26, a compound annual growth rate of 12.4%.

Net profit grew from Rs 790 crore in FY22 to Rs 1,064 crore in FY26, which works out to a compound annual growth rate of 7.7%. The company has a return on equity of 10.5%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 55,554 crore. The stock trades at a P/E of 51.9, below the industry P/E of 59.6.

Roadmap: The company is adding beds at existing hospitals and building new capacity in cities where demand for advanced care is rising. Its diagnostics arm and a growing share of complex procedures widen the earnings base beyond routine admissions.

What to watch: Track bed additions, occupancy and revenue per occupied bed.

Why BSE Ltd Features Among These Banking Software, Cable and Cloud Stocks

Among the care, market infrastructure and aqua shares on this list, BSE Ltd runs one of Asia's oldest stock exchanges and earns from trading in equities and derivatives, listing services, data products and its clearing and technology arms.

The company has a return on equity of 37.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 131,779 crore. The stock trades at a P/E of 46.7, above the industry P/E of 40.1.

Revenue rose from Rs 864 crore in FY22 to Rs 5,148 crore in FY26, a compound annual growth rate of 56.3%. Net profit grew from Rs 1,317 crore in FY25 to Rs 2,475 crore in FY26, a rise of 87.9%.

Roadmap: Rising participation of retail investors, a growing derivatives business and expanding data and technology services broaden the exchange's income. A debt-free balance sheet and an asset-light model keep earnings quality high.

What to watch: Follow derivative volumes, new listings, data revenue growth and regulatory changes in market structure.

Why Avanti Feeds Features Among These Banking Software, Cable and Cloud Stocks

Among the three companies on this list, Avanti Feeds, based in Hyderabad, makes shrimp feed and also processes and exports shrimp, serving aquaculture farmers across India.

Revenue rose from Rs 5,118 crore in FY22 to Rs 6,276 crore in FY26, a compound annual growth rate of 5.2%. Net profit grew from Rs 245 crore in FY22 to Rs 656 crore in FY26, which works out to a compound annual growth rate of 27.9%.

In the June 2026 quarter, revenue grew 18.7% year on year to Rs 1,966 crore. The company has a return on equity of 18.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 9,865 crore. The stock trades at a P/E of 16.8, below the industry P/E of 33.9.

Roadmap: India's aquaculture sector is growing, and demand for quality feed rises with it. The company has a large share of the domestic shrimp feed market and is expanding its processing and exports.

What to watch: Follow export demand and shrimp farm cycles, which affect feed volumes.

Fortis Healthcare vs BSE Ltd vs Avanti Feeds on Key Financials

The table below sets the three banking software, cable and cloud stocks side by side on revenue, profit and margin, using reported figures.

Company FY22 Revenue (Rs Cr) FY26 Revenue (Rs Cr) Revenue CAGR (FY22-FY26) FY26 Net Profit (Rs Cr) FY26 Net Margin
Fortis Healthcare 5,745 9,178 12.4% 1,064 11.6%
BSE Ltd 864 5,148 56.3% 2,475 48.1%
Avanti Feeds 5,118 6,276 5.2% 656 10.4%

BSE Ltd posts the highest return on equity in this group at 37.4%. Fortis Healthcare has the largest FY26 revenue at Rs 9,178 crore, and BSE Ltd shows the fastest revenue growth with a 56.3% compound annual rate. A useful habit with banking software, cable and cloud stocks is to check each new quarterly result against the capacity plans the company described earlier.

Key Risks to Check Before Investing in Banking Software, Cable and Cloud Stocks

Every theme carries risks that deserve a check before any decision. For these banking software, cable and cloud stocks, the main points are: Long-term care, market infrastructure and aqua shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.

  • Capacity ramp up. New hospitals take time to fill beds and reach full returns.
  • Market activity. Fee income follows trading volumes and investor participation.
  • Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.

Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.

Use the Univest Stock Screener to filter banking software, cable and cloud stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.

Final Thoughts on Banking Software, Cable and Cloud Stocks

Banking software, cable and cloud stocks work best when investors track growth, valuation and return on equity side by side. Fortis Healthcare, BSE Ltd and Avanti Feeds each have a clear plan to grow. Based on the 4 November 2026 close, Fortis Healthcare trades at Rs 790.65, BSE Ltd at Rs 3,601.5 and Avanti Feeds at Rs 706.55.

Download the Univest iOS App or Univest Android App to track banking software, cable and cloud stocks, set price alerts and get research-backed stock ideas.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

What are banking software, cable and cloud stocks?

Ans. Banking software, cable and cloud stocks are listed companies that run multi-speciality hospitals across India, operate a stock exchange earning from trading, listing and data products, and make shrimp feed while processing and exporting shrimp. Their earnings depend on patient volumes, market activity and aquaculture output. This list looks at three of them, Fortis Healthcare, BSE Ltd and Avanti Feeds, using reported FY22 to FY26 financials and the 4 November 2026 closing prices.

Which banking software, cable and cloud stocks are covered in this list?

Ans. This list covers Fortis Healthcare, BSE Ltd and Avanti Feeds. Based on the 4 November 2026 close, Fortis Healthcare traded at Rs 790.65, BSE Ltd at Rs 3,601.5 and Avanti Feeds at Rs 706.55. Their return on equity ranges from 10.5% to 37.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.2% to 56.3%.

Why do banking software, cable and cloud stocks have a strong future roadmap in India?

Ans. Banking software, cable and cloud stocks have a strong roadmap in India because growing demand for advanced hospital care, rising investor participation and expanding seafood exports keep widening the market for these companies. The main drivers are as follows. Hospitals. Cardiac and cancer care draw more patients. Stock exchange. More investors trade equities and derivatives. Shrimp feed. Aquaculture farmers need steady feed supply. Together these factors give the companies on this list a visible path for growth over the coming years.

How has Fortis Healthcare performed financially?

Ans. Revenue rose from Rs 5,745 crore in FY22 to Rs 9,178 crore in FY26, a compound annual growth rate of 12.4%. Net profit grew from Rs 790 crore in FY22 to Rs 1,064 crore in FY26, which works out to a compound annual growth rate of 7.7%. In the June 2026 quarter, revenue grew 17.3% year on year to Rs 2,560 crore, while net profit rose 2.3% to Rs 273 crore. The company has a return on equity of 10.5%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 55,554 crore. The stock trades at a P/E of 51.9, below the industry P/E of 59.6. Looking ahead, the company is adding beds at existing hospitals and building new capacity in cities where demand for advanced care is rising. Its diagnostics arm and a growing share of complex procedures widen the earnings base beyond routine admissions.

How has BSE Ltd performed financially?

Ans. Revenue rose from Rs 864 crore in FY22 to Rs 5,148 crore in FY26, a compound annual growth rate of 56.3%. Net profit grew from Rs 1,317 crore in FY25 to Rs 2,475 crore in FY26, a rise of 87.9%. The company has a return on equity of 37.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 131,779 crore. The stock trades at a P/E of 46.7, above the industry P/E of 40.1. Looking ahead, rising participation of retail investors, a growing derivatives business and expanding data and technology services broaden the exchange's income. A debt-free balance sheet and an asset-light model keep earnings quality high.

How has Avanti Feeds performed financially?

Ans. Revenue rose from Rs 5,118 crore in FY22 to Rs 6,276 crore in FY26, a compound annual growth rate of 5.2%. Net profit grew from Rs 245 crore in FY22 to Rs 656 crore in FY26, which works out to a compound annual growth rate of 27.9%. In the June 2026 quarter, revenue grew 18.7% year on year to Rs 1,966 crore. The company has a return on equity of 18.4%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 9,865 crore. The stock trades at a P/E of 16.8, below the industry P/E of 33.9. Looking ahead, india's aquaculture sector is growing, and demand for quality feed rises with it. The company has a large share of the domestic shrimp feed market and is expanding its processing and exports.

What risks should investors check before buying banking software, cable and cloud stocks?

Ans. Investors should check a few risks before buying banking software, cable and cloud stocks. Capacity ramp up. New hospitals take time to fill beds and reach full returns. Market activity. Fee income follows trading volumes and investor participation. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.

Is this list of banking software, cable and cloud stocks investment advice?

Ans. No. This article is educational and uses publicly available data as of the 4 November 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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