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Aster DM Healthcare Ltd (ATRD)

BSE
Currency in INR
Disclaimer
360.00
-6.20(-1.69%)
Closed

ATRD Comments

Delivery Buy ASTERDM above 345 Stop Loss 330 Target 360-390
Buy is around 199-201 Target 250 Sl Close below 196 Daily Candle
why falling?
Pumping and Dumping seen in #ASTERDM by operator any time carefull all investor
Why is this falong today ?
Long term investment option
Aster is a big brand name in GCC Around 81pct. of its total revenue comes from GCC. Soon to expand in metro cities in India. Already have 13 hospitals in India tier 1 and 2 cities. The UAE and Oman are likely to witness growth rates of above 9pct, in anticipation of a fast-growing population. In view of the anticipated rise in the number of patients, GCC may require a collective bed capacity of 118,300 by 2022, indicating demand for 12,350 new beds. Saudi Arabia is likely to witness the largest requirement at over 7,500 new beds, followed by the UAE at more than 2,000 new beds. EBITDA and PAT to grow at a CAGR of 13%, 13% and 21% in FY19-22E, respectively. Revenues are expected to be driven by steady expansion and growth in new hospitals, clinics and pharmacies. Margins are expected to be driven by an improvement in occupancy ratios and operational efficiency in new hospitals, especially in India. Overall the stock is a bluechip available at a very low price.
Bluechip Big move ahead. Easy 300 in few months. BUY
company fundamentally strong.
Tg 213
Hi RAVI, could you please tell me how you came to this conclusion of target?
How ?
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