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Aster DM Healthcare inches up as its arm acquires 80% stake in Premium Healthcare in UAE

10 Dec 2019 Evaluate

Aster DM Healthcare is currently trading at Rs. 153.45, up by 0.10 points or 0.07% from its previous closing of Rs. 153.35 on the BSE.

The scrip opened at Rs. 157.90 and has touched a high and low of Rs. 157.90 and Rs. 153.45 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 169.00 on 21-Jan-2019 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. 158.30 and Rs. 151.35 respectively. The current market cap of the company is Rs. 7767.87 crore.

The promoters holding in the company stood at 37.80%, while Institutions and Non-Institutions held 17.63% and 44.57% respectively.

Aster DM Healthcare through its Subsidiary -- Aster DM Healthcare FZC has completed acquisition of 80% stake in Premium Healthcare, UAE on December 5, 2019 and confirmation received by the company from Dubai International Financial Centre Authority (DIFCA) on December 08, 2019.

The target company is medical clinic operating in UAE. The cost of acquisition is AED 8.69 million.

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

688.30 13.15 (1.95%)
17-Apr-2026 16:59 View Price Chart
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