Aster DM Healthcare rises on inking pact with Padmavathy Medical Foundation
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Aster DM Healthcare is currently trading at Rs. 271.70, up by 1.15 points or 0.43% from its previous closing of Rs. 270.55 on the BSE.
The scrip opened at Rs. 272.95 and has touched a high and low of Rs. 276.15 and Rs. 266.85 respectively. So far 22406 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 285.00 on 25-May-2023 and a 52 week low of Rs. 168.35 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 276.15 and Rs. 256.60 respectively. The current market cap of the company is Rs. 13554.29 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 has entered into Hospital Operation and Management Agreement with Padmavathy Medical Foundation (PMF) on May 31, 2023. PMF is a 130-bed tertiary super specialty hospital situated in Sasthamkotta, Kollam District, Kerala.
Aster DM Healthcare along with its subsidiaries in India has existing installed capacity of 4,417 beds as on date. PMF has 130 beds capacity and with this total installed capacity of the Company shall be increased to 4,547 beds. The proposed capacity will be added with effect from August 01, 2023
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.
