Aster DM Healthcare inches up as its arm acquires 3% stake in Sanad Al-Rahmah Medical Care

13 Oct 2020

Aster DM Healthcare is currently trading at Rs. 136.15, up by 0.05 points or 0.04% from its previous closing of Rs. 136.10 on the BSE.

The scrip opened at Rs. 137.35 and has touched a high and low of Rs. 138.20 and Rs. 135.95 respectively. So far 1895 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 180.50 on 12-Feb-2020 and a 52 week low of Rs. 78.50 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 141.45 and Rs. 131.65 respectively. The current market cap of the company is Rs. 6795.88 crore.

The promoters holding in the company stood at 37.88%, while Institutions and Non-Institutions held 18.98% and 42.59% respectively.

Aster DM Healthcare’s subsidiary-- Moopen’s Healthcare Management Services LLC has acquired 3% stake in Sanad Al-Rahmah Medical Care Company. Pursuant to the aforementioned acquisition, the shareholding of the company has increased from 97% to 100%.

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.

Related Aster DM Healthcare Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323