Aster DM Healthcare zooms on signing contract with Faruk Medical City
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Aster DM Healthcare is currently trading at Rs. 233.00, up by 5.75 points or 2.53% from its previous closing of Rs. 227.25 on the BSE.
The scrip opened at Rs. 231.80 and has touched a high and low of Rs. 235.15 and Rs. 227.50 respectively. So far 26958 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 275.45 on 04-Nov-2022 and a 52 week low of Rs. 158.00 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 238.05 and Rs. 225.50 respectively. The current market cap of the company is Rs. 11551.24 crore.
The promoters holding in the company stood at 37.88%, while Institutions and Non-Institutions held 20.76% and 41.36% respectively.
Aster DM Healthcare has signed a Contract with Faruk Medical City, Iraq’s leading healthcare service provider, to collaborate on capability development and academic and professional training programs for clinical staff and healthcare professionals in Iraq. Faruk Medical City is a part of Faruk Investment Group - one of the largest investment groups in Iraq. Through this partnership, doctors from Aster DM Healthcare will visit Faruk Medical City’s state-of-the-art facilities to consult and provide surgical services which are not locally available and for which patients have to travel overseas.
Aster DM Healthcare and Faruk Medical City will jointly provide training and academic support to medical and paramedical staff of Faruk Medical City hospital. The move aims to develop Faruk Medical City jointly as a hospital of excellence through providing advanced academic training and capability development, along with its benchmarked international standards in providing firstrated clinical and medical services in Iraq. Aster will also play an advisory role in guiding Faruk Medical City to apply for international accreditation.
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.
