Aster DM Healthcare rises as its arm acquires remaining 20% stake in Premium Healthcare
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Aster DM Healthcare is currently trading at Rs. 302.35, up by 0.30 points or 0.10% from its previous closing of Rs. 302.05 on the BSE.
The scrip opened at Rs. 302.25 and has touched a high and low of Rs. 307.35 and Rs. 301.45 respectively. So far 7247 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 336.40 on 04-Jul-2023 and a 52 week low of Rs. 193.80 on 14-Jul-2022.
Last one week high and low of the scrip stood at Rs. 324.95 and Rs. 300.25 respectively. The current market cap of the company is Rs. 15157.72 crore.
The promoters holding in the company stood at 41.88%, while Institutions and Non-Institutions held 47.58% and 10.55% respectively.
Aster DM Healthcare’s material subsidiary -- Aster DM Healthcare FZC has acquired remaining 20% stake in Premium Healthcare on July 12, 2023. Pursuant to the said acquisition Premium Healthcare has become wholly owned subsidiary of Aster DM Healthcare FZC. Cost of acquisition is Rs 5.18 crore.
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.
