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Aster DM Healthcare Ltd Share Price (ASTERDM)

₹332.651.48%

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Overview
Fundamentals
Q2 '23 Results
Technicals
News and Events

Overview of Aster DM Healthcare Ltd

Key events for Aster DM Healthcare Ltd

  • Aster DM Healthcare to Sell Gulf Business Stake for $1.01 Billion - 29 Nov, 2023

    Aster DM Healthcare Ltd has signed an agreement to sell its stake in the Gulf business to Alpha GCC Holdings for $1.01 billion as part of its plan to separate operations in India and the Gulf countries.

  • Aster DM Healthcare Sells Gulf Business for $1 Billion - 28 Nov, 2023

    Aster DM Healthcare Ltd is set to sell its Gulf Cooperation Council (GCC) region business to Fajr Capital and Aster DM's promoters for $1 billion.

  • Aster DM Healthcare Reports Impressive YoY Growth in Q2 FY24 - 15 Nov, 2023

    Aster DM Healthcare reported an 18% YoY growth in consolidated revenue, reaching Rs 3,317 crore in Q2 FY24. The company's India revenue increased by 23% YoY to Rs 934 crore. However, the company reported a loss of Rs 30.79 crore against a profit of Rs 46.21 crore in Q2 FY23 due to an increase in total expenses.

  • Aster DM Healthcare Expands Whitefield Hospital - 01 Nov, 2023

    Aster DM Healthcare Ltd's subsidiary, Aster Whitefield Hospital, expands to become a full-fledged cutting-edge multi-super-specialty hospital with specialized medical services and Intra Operative Electron Radiation Therapy (IOERT) for precision cancer treatment.

  • Aster DM Healthcare Shares Fall by 6.83% - 26 Oct, 2023

    Aster DM Healthcare Ltd's stock experienced a significant drop of 6.83%, with higher than usual trading volume.

  • Interest in Acquisition of Aster DM Healthcare's India Business Sends Stock Soaring - 12 Oct, 2023

    Private equity firms, including BPEA EQT and Ontario Teachers Pension Plan Board, are considering acquiring Aster DM Healthcare Ltd's India business. The deal value could exceed $2.5 billion.

  • Private Equity Firms Consider Acquisition of Aster DM Healthcare Assets - 11 Oct, 2023

    BPEA EQT and Ontario Teachers Pension Plan Board are among firms considering acquiring Aster DM Healthcare Ltd assets, including its India business.

  • Aster DM Healthcare Ltd: Leading Provider of Healthcare Services in GCC and India - 15 Sep, 2023

    Aster DM Healthcare is a leading provider of healthcare services across UAE, Saudi Arabia, Oman, Qatar, Bahrain, Jordan, and India. It has a market capitalization of Rs 16,993 crore and earned a revenue of Rs 11,933 crore in FY23.

  • Aster DM Healthcare Ltd's Equity Trades at Average Price of Rs339.30 - 14 Sep, 2023

    Large trades for Aster DM Healthcare Ltd saw 1% equity change hands at an average price of Rs339.30 per share.

  • Aster DM Healthcare Ltd Shows Upward Momentum - 21 Aug, 2023

    Aster DM Healthcare Ltd is one of the 10 stocks that have shown notable upward momentum, as indicated by their RSI trends.

  • ICRA Anticipates 8-10% Revenue Growth for Hospital Industry in FY24 - 17 Aug, 2023

    ICRA has predicted an 8-10% revenue growth for the hospital industry in FY24, including Aster DM Healthcare Ltd's India business. This is due to a rise in lifestyle diseases, increased awareness, and penetration of health insurance.

  • Aster DM Reports Strong Q1 Results, Receives Positive Rating from Prabhudas Lilladher - 16 Aug, 2023

    Aster DM Healthcare Ltd reports strong Q1 FY24 results with consolidated revenue growth of 21% YoY and significant increase in India business revenue and pre-tax income. Prabhudas Lilladher maintains 'Buy' rating with increased target price.

  • Aster DM Healthcare Reports Steep Decline in Q1 Profit - 14 Aug, 2023

    Aster DM Healthcare Ltd's consolidated net profit falls by 93% YoY to INR 49 million for the quarter ended June 30, 2023. The decline is attributed to losses from new hospitals and a one-time tax expense.

  • Aster DM Healthcare Ltd's Subsidiary Acquires Remaining Stake in Premium Healthcare Limited - 14 Jul, 2023

    Aster DM Healthcare FZC has acquired the remaining 20% stake in Premium Healthcare Limited, making it a wholly-owned subsidiary.

  • Aster DM Healthcare Promoters in Talks for Stake Sale; Acquires Additional Stake in Subsidiary - 07 Jul, 2023

    Promoters of Aster DM Healthcare are in talks with Blackstone and KKR for a stake sale, while the company has acquired an additional 2.36% stake in its subsidiary Malabar Institute of Medical Sciences.

  • HSBC Global Research Maintains 'Buy' on Aster DM Healthcare Ltd. - 04 Jul, 2023

    Aster DM Healthcare Ltd.'s stock has been given a 'buy' rating by HSBC Global Research with a price target of Rs 330 per share, indicating an upside potential of approximately 17.8%. The sale of the company's Gulf business could boost its stock performance, and the board has indicated that profits will be returned to shareholders in such an event.

Analyst Rating for Aster DM Healthcare Ltd stock

based on 7 analysts

BUY
85.71%
Buy
14.29%
Hold
0.00%
Sell

Based on 7 analysts offering long term price targets for Aster DM Healthcare Ltd. An average target of ₹336

Source: S&P Global Market Intelligence

Aster DM Healthcare Ltd share Performance

  • ₹328.05
    ₹343.95
    ₹332.65
    downward going graph

    1.38%

    Downside

    Day's Volatility:4.78%

    Upside

    3.40%

    downward going graph
  • ₹201.3
    ₹371.25
    ₹332.65
    downward going graph

    39.49%

    Downside

    52 Weeks Volatility:51.09%

    Upside

    11.60%

    downward going graph
1 Month Return2.44 %
3 Month Return2.54 %
1 Year Return45.44 %
Previous Close₹337.65
Open₹338.65
Volume9.63L
Market Cap₹16,866.06Cr

Aster DM Healthcare Ltd Company Information

Aster DM Healthcare Ltd is a leading healthcare provider, incorporated in 1987. It is headquartered in Dubai, United Arab Emirates and operates in nine countries across the Middle East, India, and Philippines. The company is managed by Chairman Dr. Azad Moopen and CEO Dr. Harish Pillai.

Aster DM Healthcare Ltd is a multi-specialty healthcare provider with a wide range of services, including medical and surgical care, diagnostics, preventive care, fertility, and rehabilitation. In addition, the company provides medical education and training, and health insurance services.

Aster DM Healthcare Ltd offers a range of products, including medical equipment, pharmaceuticals, medical supplies, and health insurance. Its popular brands include Aster, Medcare, Access, and Prime. The company also operates several hospitals, clinics, and pharmacies, providing a range of medical services.

Share Price: ₹332.65 per share as on 28 Nov, 2023 04:01 PM
Market Capitalisation: ₹16,866.06Cr as of today
Revenue: ₹3,325.22Cr as on September 2023 (Q3 23)
Net Profit: ₹-30.79Cr as on September 2023 (Q3 23)
Listing date: 26 Feb, 2018
Chairperson Name: Mandayapurath Azad Moopen
OrganisationAster DM Healthcare Ltd
Headquarters
IndustryHealthcare
E-voting on sharesClick here to vote

Fundamentals of Aster DM Healthcare Ltd

Insights on Aster DM Healthcare Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, ASTERDM stock has moved up by 2.5%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 9.72% to 11.13% in Sep 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 3.22K Cr → 3.32K Cr (in ₹), with an average increase of 3.0% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Narayana Hrudayalaya Ltd has given 65.9% return, outperforming this stock by 20.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Max Healthcare Institute Ltd has given 381.0% return, outperforming this stock by 284.9%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 41.88% of holdings in Sep 2023 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 10.26% to 9.85% in Sep 2023 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 8.56% to 7.54% in Sep 2023 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 170.77 Cr → -30.79 Cr (in ₹), with an average decrease of 412.8% per quarter

Aster DM Healthcare Ltd Valuation

Aster DM Healthcare Ltd in the last 5 years

  • Overview

  • Trends

Lowest (11.94x)

March 24, 2020

Today (59.13x)

November 24, 2023

Industry (78.03x)

November 24, 2023

Highest (62.50x)

October 25, 2023

LowHigh

Aster DM Healthcare Ltd Mutual Fund Holdings

Funds Holdings
HDFC Small Cap Fund-Direct Growth OptionHDFC Small Cap Fund-Direct Growth Option2.37%
ICICI Prudential India Opportunities Fund Direct GrowthICICI Prudential India Opportunities Fund Direct Growth0.98%
HDFC Childrens Gift Fund Direct Plan(Lock-in)HDFC Childrens Gift Fund Direct Plan(Lock-in)1.62%
HDFC Childrens Gift Fund Direct PlanHDFC Childrens Gift Fund Direct Plan1.62%
ICICI Prudential Smallcap Fund Direct Plan GrowthICICI Prudential Smallcap Fund Direct Plan Growth1.65%

Aster DM Healthcare Ltd Shareholding Pattern

InvestorsHoldings %Prev. 3 periods3M change
Promoter Holdings
41.88%
0.00
Foreign Institutions
11.13%
14.45
Mutual Funds
7.54%
-11.92
Retail Investors
9.85%
-3.99
Others
29.6%
0.09

Technicals of Aster DM Healthcare Ltd share

News & Events of Aster DM Healthcare Ltd

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Aster DM Healthcare Ltd (ASTERDM) share price today is ₹332.65

Aster DM Healthcare Ltd is listed on NSE

Aster DM Healthcare Ltd is listed on BSE

  • Today’s highest price of Aster DM Healthcare Ltd is ₹343.95.
  • Today’s lowest price of Aster DM Healthcare Ltd is ₹328.05.

PE Ratio of Aster DM Healthcare Ltd is 59.13

PE ratio = Aster DM Healthcare Ltd Market price per share / Aster DM Healthcare Ltd Earnings per share

Today’s traded volume of Aster DM Healthcare Ltd(ASTERDM) is 9.63L.

Today’s market capitalisation of Aster DM Healthcare Ltd(ASTERDM) is ₹16866.06Cr.

Aster DM Healthcare Ltd(ASTERDMPrice
52 Week High
₹371.25
52 Week Low
₹201.3

Aster DM Healthcare Ltd(ASTERDM) share price is ₹332.65. It is down -10.40% from its 52 Week High price of ₹371.25

Aster DM Healthcare Ltd(ASTERDM) share price is ₹332.65. It is up 65.25% from its 52 Week Low price of ₹201.3

Aster DM Healthcare Ltd(ASTERDMReturns
1 Day Returns
-5%
1 Month Returns
2.44%
3 Month Returns
2.54%
1 Year Returns
45.44%