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Aster DM Healthcare shines as its arm incorporates Limited Liability Company in Dubai

Aster DM Healthcare is currently trading at Rs. 138.95, up by 4.45 points or 3.31% from its previous closing of Rs. 134.50 on the BSE.

The scrip opened at Rs. 137.50 and has touched a high and low of Rs. 139.00 and Rs. 137.50 respectively. So far 1896 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 169.00 on 21-Jan-2019 and a 52 week low of Rs. 109.70 on 07-Aug-2019.

Last one week high and low of the scrip stood at Rs. 139.40 and Rs. 122.30 respectively. The current market cap of the company is Rs. 6795.31 crore.

The promoters holding in the company stood at 37.80%, while Institutions and Non-Institutions held 17.63% and 44.57% respectively.

Aster DM Healthcare’s step-down subsidiary — Aster DM Healthcare FZC has incorporated a Limited Liability Company namely Aster Alfaone FZ LLC, in Dubai. The Limited Liability Company has been incorporated to regulate activities of Import and Re-export, Marketing and Sale Promotion, Research & Development, Storage of Theraputics activities of Aster DM Healthcare in the UAE.

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.

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