Aster DM Healthcare shines on acquiring stake in Aster Cayman Hospital

23 Dec 2020

Aster DM Healthcare is currently trading at Rs. 169.70, up by 4.95 points or 3.00% from its previous closing of Rs. 164.75 on the BSE.

The scrip opened at Rs. 171.00 and has touched a high and low of Rs. 171.10 and Rs. 168.60 respectively. So far 4410 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. 174.60 and Rs. 150.00 respectively. The current market cap of the company is Rs. 8461.75 crore.

The promoters holding in the company stood at 37.88%, while Institutions and Non-Institutions held 19.09% and 43.03% respectively.

Aster DM Healthcare through its subsidiary company -- Aster Caribbean Holdings has acquired a company in the Grand Cayman, Cayman Islands -Aster Cayman Hospital. The objective of said acquisition for setting up and operating hospital and providing related services in the Cayman Islands.

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