Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating 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

Prabhudas Lilladher is bullish on Aster DM Healthcare has recommended buy rating on the stock with a target price of Rs 265 in its research report dated November 15, 2022.

Buy Aster DM Healthcare; target of Rs 265: Prabhudas Lilladher

Aster DM Healthcare advanced 3.28% to Rs 250.25 after the company announced its plans to expanding footprint in the Kingdom of Saudi Arabia with the Aster Pharmacy division.

Aster DM rises on partnering with Saudi Arabia-based Al Hokair Group

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During the pledge signing event, Aster DM Healthcare announced some of their major initiatives to meet the TB- SDG targets set by the nation including two-year community screening program in the districts with limited access to medical care,

Aster DM Healthcare signs pledges towards India’s National TB Elimination Programme

Arvind Fashions Ltd, Reliance Industrial Infrastructure Ltd, Aster DM Healthcare Ltd and Greenpanel Industries Ltd are among the other losers in the BSE’s ‘A’ group today, 12 October 2022.

Jai Corp Ltd leads losers in ‘A’ group

The plan involves expanding the existing 150-bedded hospital to 250 beds making it a comprehensive tertiary care facility, with the option of expanding to a quaternary care facility in future.

On an expansion spree in South India, Aster DM Healthcare partners with Narayanadri Hospital

The plan involves expanding the existing 150 bedded hospital to 250 beds making it a comprehensive tertiary care facility, with the option of expanding to a quaternary care facility in future. The upgraded hospital will provide 24X7 emergency and

Aster DM Healthcare undertakes O&M of Narayanadri Hospital &in Tirupati, AP

The term of O&M is for 20 years from effective date and lock-in period for both the parties will be for 15 years.

Aster DM Healthcare enters into O&M agreement with NHRI, Tirupati

Aster DM Healthcare Ltd, Forbes & Company Ltd, Great Eastern Shipping Company Ltd and Home First Finance Company India Ltd are among the other gainers in the BSE’s ‘A’ group today, 27 September 2022.

Hindustan Construction Company Ltd leads gainers in ‘A’ group

Medcare Hospital LLC is a step-down subsidiary of Aster DM Healthcare.

Medcare Hospital acquires 60% stake in Skin III

The company has forayed into the Bangladesh market with Aster Pharmacy division, a UAE-based pharmacy chain.

Aster DM Healthcare enters Bangladesh market, to open 25 pharmacies with GD Assist

Aster DM Healthcare Limited is a healthcare service provider. The Company’s segments include Hospitals, Clinics and Retail Pharmacies. The Hospitals segment comprises of hospitals and in-house pharmacies at the hospitals. The Clinics segment comprises of clinics and in-house pharmacies at the clinics. The Retail Pharmacies segment comprises standalone retail pharmacies and optical outlets. The Company also comprises healthcare consultancy services. Its geographical segments consist of gulf corporation council (GCC) States, including United Arab Emirates, Qatar, Oman, Kingdom of Saudi Arabia, Jordan, Kuwait, Bahrain, India and Rest of the world. The Company's healthcare services are offered under Aster, Medcare and Access brands. The Company operates over five medical centers, approximately six pharmacies, one full-fledged diagnostic center and a multispecialty Aster Hospital.

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

Buy Aster DM Healthcare; target of Rs 265: Prabhudas Lilladher

Aster DM rises on partnering with Saudi Arabia-based Al Hokair Group

Stocks that will see action on October 18, 2022

Aster DM Healthcare signs pledges towards India’s National TB Elimination Programme

Jai Corp Ltd leads losers in ‘A’ group

On an expansion spree in South India, Aster DM Healthcare partners with Narayanadri Hospital

Aster DM Healthcare undertakes O&M of Narayanadri Hospital &in Tirupati, AP

Aster DM Healthcare enters into O&M agreement with NHRI, Tirupati

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

Buy Aster DM Healthcare; target of Rs 265: Prabhudas Lilladher

Aster DM rises on partnering with Saudi Arabia-based Al Hokair Group

Stocks that will see action on October 18, 2022

Aster DM Healthcare signs pledges towards India’s National TB Elimination Programme

Jai Corp Ltd leads losers in ‘A’ group

On an expansion spree in South India, Aster DM Healthcare partners with Narayanadri Hospital

Aster DM Healthcare undertakes O&M of Narayanadri Hospital &in Tirupati, AP

Aster DM Healthcare enters into O&M agreement with NHRI, Tirupati

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