Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Rainbow Children's Medicare saw a discount of 6-7% in the bourses. The scrip settled in both the exchanges between Rs 506-510/share, while the IPO price was Rs 542. 
The south-based multi-specialty hospital chain was totally subscribed 52 times and anchor investors included the likes of the Government of Singapore, SBI Mutual Fund, Axis Mutual Fund, Neuberger, and HDFC Life. 
The company trades at a relatively expensive valuation at 21 times its 12-month forward EV/EBIDTA multiple as compared to its peers like Shalby, Aster DM Healthcare, Fortis Healthcare, and Narayana Hrudayalaya. 
Guidance of 40% revenue growth in coming years given by management. 



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Rainbow Children's Medicare Lists At 6-7% Discount | ET Now | Business News

The stock opened a tad higher at Rs 182.40 against the previous close of Rs 180.40.

Here’s why Aster DM Healthcare shares jumped over 8% today

Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex and Nifty, today.

Share Market Live: Sensex, Nifty Rise; Aster DM Healthcare Jumps The Most In Seven Months

Aster DM Healthcare Ltd witnessed volume of 27.08 lakh shares by 14:19 IST on NSE, a 9.28 times surge over two-week average daily volume of 2.92 lakh shares

Volumes jump at Aster DM Healthcare Ltd counter

The memorandum proposes an investment of Rs 500 crore in hospitals, pharmacies and laboratories in the state.

Aster DM Healthcare rises 5% on memorandum with Tamil Nadu for hospitals, pharmacies and labs

Aster DM Healthcare jumped 4.74% to Rs 188.95 after the company announced the signing of a memorandum of understanding (MoU) with the Government of Tamil Nadu, India to set up healthcare facilities in the State.

Aster DM soars on plans to invest Rs 500 crore in Tamil Nadu

To invest Rs. 500 crore to set up healthcare facilities Signs MoU with State govt

Aster DM Healthcare to invest ₹500 cr to set up healthcare facilities in TN

Aster DM Healthcare on Sunday said it will invest Rs 500 crore to set up healthcare facilities in Tamil Nadu.

Aster DM Healthcare to invest Rs 500 cr for healthcare facilities in TN

The MoU proposes an investment of Rs 500 crore in hospitals, pharmacies and laboratories in Tamil Nadu, Aster DM Healthcare said in a statement.

Aster DM Healthcare to invest Rs 500 crore to set up healthcare facilities in Tamil Nadu

Aster DM Healthcare Ltd registered volume of 32.41 lakh shares by 14:19 IST on NSE, a 9.15 fold spurt over two-week average daily volume of 3.54 lakh shares

Volumes spurt at Aster DM Healthcare Ltd counter

In an interview with Business Standard’s Sohini Das, Chairman and MD of Aster DM Healthcare, Azad Moopen, shares his expansion plan in India. It will soon open its sixth hospital in Kerala. Listen in

Azad Moopen on Aster’s India expansion plans and more

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

Aster DM Healthcare Ltd

Aster DM Healthcare Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Rainbow Children's Medicare Lists At 6-7% Discount | ET Now | Business News

Here’s why Aster DM Healthcare shares jumped over 8% today

Share Market Live: Sensex, Nifty Rise; Aster DM Healthcare Jumps The Most In Seven Months

Volumes jump at Aster DM Healthcare Ltd counter

Aster DM Healthcare rises 5% on memorandum with Tamil Nadu for hospitals, pharmacies and labs

Aster DM soars on plans to invest Rs 500 crore in Tamil Nadu

Aster DM Healthcare to invest ₹500 cr to set up healthcare facilities in TN

Aster DM Healthcare to invest Rs 500 cr for healthcare facilities in TN

Aster DM Healthcare Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Rainbow Children's Medicare Lists At 6-7% Discount | ET Now | Business News

Here’s why Aster DM Healthcare shares jumped over 8% today

Share Market Live: Sensex, Nifty Rise; Aster DM Healthcare Jumps The Most In Seven Months

Volumes jump at Aster DM Healthcare Ltd counter

Aster DM Healthcare rises 5% on memorandum with Tamil Nadu for hospitals, pharmacies and labs

Aster DM soars on plans to invest Rs 500 crore in Tamil Nadu

Aster DM Healthcare to invest ₹500 cr to set up healthcare facilities in TN

Aster DM Healthcare to invest Rs 500 cr for healthcare facilities in TN

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock