Aster DM Healthcare rises on planning to invest Rs 552 crore for new hospital in Chennai

08 Aug 2019 Evaluate

Aster DM Healthcare is currently trading at Rs. 115.00, up by 1.80 points or 1.59% from its previous closing of Rs. 113.20 on the BSE.

The scrip opened at Rs. 114.00 and has touched a high and low of Rs. 116.35 and Rs. 113.85 respectively. So far 4034 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 188.00 on 17-Aug-2018 and a 52 week low of Rs. 109.70 on 07-Aug-2019.

Last one week high and low of the scrip stood at Rs. 126.00 and Rs. 109.70 respectively. The current market cap of the company is Rs. 5820.22 crore.

The promoters holding in the company stood at 37.80%, while Institutions and Non-Institutions held 15.28% and 46.92% respectively.

Aster DM Healthcare is planning to invest Rs 552 crore for its new 500-bed multi-speciality hospital coming up in Chennai. The construction of the hospital at Velachery in Chennai will begin soon and it will be made operational in two-and-a-half years. The company has signed an agreement with a realty developer for setting up the hospital.

Aster DM Healthcare operates as a healthcare company in the Middle East, India, and the Far East. It operates hospitals and clinics, pharmacies, diagnostic centers, educational institutions, and healthcare management and healthcare support systems.

Aster DM Healthcare Share Price

407.30 2.45 (0.61%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Aster DM Healthcare 407.30
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Max Healthcare Inst 820.40
Narayana Hrudayalay 1293.60
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