Aster DM shares were trading amid strong volumes with nearly 59 lakh shares being traded on the NSE around 10:45 am and the total traded value of the shares standing at Rs 242.50 crore.
Aster DM Healthcare on February 9 reported its first increase in quarterly profit since the first quarter of FY23 on the back of strong performance in the company s domestic hospitals segment.
The board of directors held a meeting on Monday to discuss the progress of the transaction between Affinity Holdings and Alpha GCC Holdings for segregation of the companys GCC business.
Aster DM Healthcare: Brokerage Prabhudas Lilladher said adjusted for GCC stake, India business is trading at 19 times and 15 times EV/Ebitda on FY25E and FY26, respectively. This, the brokerage said is at 15-30 per cent discount to listed peers.