Aster DM Healthcare rallied 5.04% to Rs 364.45 after the company’s consolidated net profit jumped 81.29% to Rs 81 crore in Q1 FY25 as compared with Rs 44.68 crore in Q1 FY24.

Aster DM Healthcare jumps after Q1 PAT climbs 81% YoY to Rs 81 cr

The company’s revenue rose to Rs 1,002 crore for the quarter ended June, compared to Rs 841 crore for the same period last year, inline with Bloomberg estimate of Rs 980.55 crore.

Aster DM Healthcare Gains After Q1 Revenue Jumps 19%

Aster DM Healthcare consolidated net profit rises 104903.67% in the June 2024 quarter

Upcoming Result: Tata Motors, ITC, Sun Pharmaceutical Industries, Aditya Birla Capital, Adani Enterprises, Adani Ports and Special Economic Zone, Dabur India, Arvind Fashions, Escorts Kubota, Emami, Zomato, Kalyan Jewellers, Akzo Nobel India, Alkyl Amines Chemicals, Aptus Value Housing Finance, Cleans Science and Technology, Great Eastern Shipping, GHCL, Godrej Agrovet, G R Infraprojects, Indegene, Max Healthcare Institute, Neuland Laboratories, Orient Electric.

Stock Alert: Coal India, Bank of Baroda, Tata Steel, Sonata Software, Aster DM Healthcare

Analysts expect hospital chains in the region to benefit from the acute flu season that, apart from coinciding with the June quarter, is known to bring diseases such as dengue and malaria

Aster DM Healthcare Q1FY25 results: Net profit rises 81.3% to Rs 81 cr

Upcoming results : Adani Power, Ambuja Cement, Asahi India Glass, Aster DM Healthcare, Bank of Baroda, BHEL, Birlasoft, Coal India, Crompton Greaves Consumer Electricals, Electrosteel Castings, Elgi Equipments, Five-star Business Finance, GE T&D India, Godrej Properties, Greenply Industries, HeidelbergCement, JBM Auto, JK Lakshmi Cement, KPR Mills, Lakshmi Machine Works, Mahindra and Mahindra, Mankind Pharma, Marut

Stock Alert: GAIL, Tata Consumer Products, Torrent Power, Macrotech Developers, Indus Towers, Zaggle Prepaid

Hong Kong-based Olympus Capital Asia on Friday divested a 9 per cent stake in Hospital chain Aster DM Healthcare for Rs 1,530 crore through open market transactions.

Olympus Capital Asia sells 9% stake in Aster DM Healthcare for Rs 1,530 cr

The healthcare provider had reported a net profit of Rs 139 crore in the year-ago period.

Aster DM Healthcare Q3 Net Profit Rises 29% At Rs 179 Crore

Dr. Azad Moopen, Founder and Chairman, Aster DM Healthcare Ltd,discusses the timeline for the GCC business hive-off and potential special dividends. He clarifies plans for promoter stake, citing increased ownership and the possible exit of a private equity firm. Dr. Azad Moopen, addresses the $80 million pledge, aiming for reduction in a year. Regarding India operations, he highlights expansion plans, adding 1,500 beds to increase revenue and profitability, focusing on margin improvement.


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Aster DM Gets Shareholder Nod To Hive Off GCC Biz | Dr. Azad Moopen Explains

Aster DM Healthcare gains on inking an agreement to sell its Gulf biz to Fajr capital & the promoter group for $1 bn. Ekta Batra decodes the numbers

#asterdmhealthcare #divest #divestment #stockmarket #stockmarketnews #stockmarketupdates #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday 

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Aster DM Rallies After Inking An Agreement To Sell Its Gulf Biz | CNBC TV18

The sale is expected to be completed in the fourth quarter of FY24.

Alpha GCC Holdings To Buy Stake In Aster DM Healthcare Arm For $1 Billion

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Aster DM Healthcare Limited is a healthcare service provider. The Company operates in various segments of the healthcare industry, which include hospitals, clinics and retail pharmacies