Aster DM Healthcare surges on inking lease agreements for two new hospital projects in Bangalore

25 Sep 2019 Evaluate

Aster DM Healthcare is currently trading at Rs. 125.25, up by 2.25 points or 1.83% from its previous closing of Rs. 123.00 on the BSE.

The scrip opened at Rs. 130.00 and has touched a high and low of Rs. 130.00 and Rs. 124.30 respectively. So far 13132 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 175.00 on 19-Oct-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. 130.00 and Rs. 119.00 respectively. The current market cap of the company is Rs. 6315.34 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 has signed lease agreements for the two new hospital projects in Bangalore.

The Company is introducing two new hospitals in the city of Bengaluru. The third 350-bedded hospital is coming up in Whitefield, Bengaluru in next 12-18 months. First 150 beds would be made operational by April, 2020. It would also have a dedicated mother and child block.

The fourth hospital to be introduced in association with Karnataka Lingayat Education Society (KLE) would be a 600 bedded multi-specialty quaternary care facility

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

503.45 16.60 (3.41%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Apollo Hospital Ent. 7270.35
Max Healthcare Inst 1140.55
Narayana Hrudayalay 1307.35
Aster DM Healthcare 503.45
Global Health 1098.05
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