#Aster DM Healthcare stock

[newspatron]

5 Reasons Aster DM Healthcare Stock Could Skyrocket 🚀

Ready to dive deeper into Aster DM Healthcare stock? We'd love to hear your thoughts and insights!

Aster DM Healthcare, a leading healthcare provider with a global footprint 🏥, has recently made headlines with a significant special dividend announcement 💰. If you’re exploring investment opportunities within the dynamic healthcare sector, Aster DM Healthcare stock is worth considering 📈. With potential for both growth and income, this company is expanding its reach and delivering quality care…

[futurecapstocks]

Market this week 1-4-2022

Market this week 1-4-2022

The stock of Aster DM Healthcare has risen 5% as a result of a pact with Tamil Nadu for hospitals, pharmacies, and laboratories.Bharti Airtel’s stock rises as part of a proposal to buy Indus Towers’ stock and pay off deferred liabilities.After a massive merger deal, PVR and Inox Leisure set 52-week highs.Zen Technologies is profiting on an order from the Indian Army.Motherson Sumi Systems soars…

[investyadnyafinance]

5 Best Stock To Invest In For 2022:

As we all know, investment is very important for us because it helps in achieving our financial goals and also provides us with financial stability. There are many things in which you can invest your savings to get higher returns in the future like gold, silver, mutual funds, stocks, government bonds, real estate, etc. If you want higher returns and if you are able to take risks then stocks are the best way to earn handsome returns on your investments. After listening to this, there are many beginners who invest a big chunk of their savings in stocks without any research due to which they have to face huge losses that’s why do not invest without doing proper research. Now, the biggest question that arises in your mind is, what are the best stocks to invest in for 2022? If you want to find the answer of this question then read this article, thoroughly. 

The year 2021, is one of the best years in the history of the Indian stock market because in that year Sensex moved by almost 10,000 points and nifty moved by 5000 points. It does not mean that only large-cap stocks are outperforming, the mid-cap stocks and small caps stocks also give magnificent returns to their investors. After seeing the potential of the Indian stock market there are many new investors who want to invest their money in the Indian stock market that’s why in this article, we are going to give you the list of best stocks to invest in for 2022. Before talking about the best stocks, firstly let us talk about the sectors on which you should bet on in 2022.

Q. Which Sectors To Bet On In 2022?

In 2022, you can bet on the realty sector because the government focus on providing a home to everyone that’s why the realty sector can grow this year, you can also bet on IT sector because the demand of this sector will definitely grow in the future.

The auto sector, banking sector, healthcare sector also looks great in 2022. You can put your money in that sectors also. In the auto sector, choose those companies which are in the business of electric vehicles because the demand of electric vehicles increasing day by day due to which these stocks will definitely outperform. These are the sectors on which you should bet on in 2022. Now let us talk about the best stocks to invest in 2022. 

Here Is The List Of Best Stocks To Invest In For 2022:

1. Tech Mahindra:

It is a company which comes under Mahindra group and they provide IT and consultancy services to their clients. This stock have to potential to increase by 20% in 2022. 

2. Bharti Airtel:

It is one of the best stocks in which you can invest this year. It is a telecommunication company which provides their services in 18 countries including South Asia and Africa. The profit of this company increases because they recently increases the rate of the tariff plans. This stock have the potential to increase by 27% this year.

3. Orient Cement:

As we discussed above, the real estate sector can outperform this year that’s why the companies that are contributing to the infrastructure sector will also grow. This stock have the potential to increase by 57% this year.

4. Aster DM Healthcare:

Coronavirus had a positive impact on healthcare equities, and this impact will continue in 2022 that’s why you can also add this stock in your portfolio, this stock have the potential to increase by 43% this year.

5. Dwarikesh Sugar:

You can invest your money in this stock also because the demand and export of sugar increases day by day and dwarikesh sugar is one of the largest sugar-producing companies of India that’s why there is a very high probability that this stock will outperform this year. In my opinion, this stock will increase by 53% in this year. 

[newshubnaija]

Vodafone Idea, Future Retail, 50 other stocks sending buy signals on MACD

Vodafone Idea, Future Retail, 50 other stocks sending buy signals on MACD

The list included Union Bank of India, Indiabulls Real Estate, IDBI Bank, NMDC, Grasim Industries, and Hindustan Zinc. Others included Vodafone Idea, Future Retail, SAIL, Indian Hotels, Aster DM Healthcare and Sun TV, among others.

[dailykhaleej]

Coronavirus: Aster ship in 18 more ventilators to assist UAE COVID-19 patients

DailyKhaleej in an unique interview with Dr Azad Moopen, Founder Chairman and Managing Director of Aster DM Healthcare Picture Credit score: Clint Egbert/DailyKhaleej

Dubai: A personal healthcare group in the UAE has simply ordered 18 new ventilators for critical COVID-19 patients in the nation taking remedy at its two hospitals. And that is simply one of many many measures undertaken by Aster DM Healthcare in combating the coronavirus state of affairs in UAE.

In an unique interview with DailyKhaleej, the hospital group’s founder chairman and managing director, Dr. Azad Moopen defined how his staff of “frontline soldiers” are dealing with a disaster in hand.

“The UAE, like the remainder of the world, is coping with a pandemic state of affairs. We’re on the helm of all of it as a medical group and our medical professionals are standing united in solidarity with the UAE authorities to fight COVID-19 in the nation.

Dr Azad Moopen, Founder Chairman and Managing Director, Aster DM Healthcare Picture Credit score: Provided

“From setting up special COVID wards at its hospitals to allocating medical practitioners across the emirates’ communities for the virus testing – Aster DM Healthcare is at the epicentre in the fight against the coronavirus,” mentioned Moopen.

“We have to provide our service to patients in spite of the increased risk that comes with it. But our team of medical professionals are well equipped to handle the situation,” mentioned Moopen.

The Aster Group has deployed 200 medical employees together with docs, nurses, paramedics who’re working around the clock treating COVID patients in UAE.

“Our frontline soldiers are engaged in this war against a ‘sinister monster’,” he mentioned.

Measures undertaken by Aster Group – from a medical viewpoint

“We have undertaken several measures to combat the COVID-19 situation. First and foremost we have doctors and nurses across all our clinics and hospitals in UAE who are screening patients every day for coronavirus. They use their experience and medical judgement to identify a potential COVID patient. There guidelines set by DHA to identify potential patients and we are following that. This has helped identify cases in the UAE to a great extent and thereby ensuring they are quarantined at the earliest at our hospitals to curb the spread of the virus. Only two of our facilities are admitting positive patients.”

The Group’s hospitals are additionally accepting patients from authorities sector who’re referred for statement and superior remedy. Moopen mentioned the healthcare supplier has arrange a web-based assist desk – with tele session, an app for COVID-19 suspected circumstances whereby individuals can do a symptom examine and see if they’re in danger – as a method to curb the unfold of the coronavirus in the nation.

Availability of emergency procedures

Moopen mentioned the healthcare group has devoted a lot of ICUs particularly for COVID-19 patients throughout its hospital. Apart from, Aster DM Healthcare simply purchased eight ventilators as a back-up for critical patients. One other 10 are on the best way. “As far as personal protection gear goes, we have enough stock in place. There enough are number of crash cards too. Besides, our medical staff and other personnel have been given all the necessary education with respect to handling COVID-19 patients – especially those on ventilators with a more serious condition.”

Logistics and infrastructure

The hospital group has elevated its capability of ICUs. “Many wards in our two hospitals have been converted into “COVID wards”. The Medcare Hospital Al Safa, for instance has been become a COVID hospital. A whole ground in the Aster Hospital Al Qusais – has been transformed right into a COVID ward. There are a big variety of patients being handled right here. We have now additionally gone into inns the place COVID-19 patients are being saved to handle their medical state of affairs. That is being achieved in conjunction with Dubai Well being Authority (DHA) and Dubai Tourism.”

Forefront on the Naif COVID testing

“We were at the forefront of testing suspected cases in the Naif district recently. We worked alongside the DHA and Dubai Police for this. This helped in identifying many patients. Our doctors and nurses are there supporting health authorities in every possible way, We are also involved in patient education.”

Dealing with an financial disaster

“There is a major impact on our business for sure. The overall revenues in various verticals and geographies have been slashed by more than 60 per cent. As a healthcare provider, our largest cost component is human resources (HR). We are finding ways to have financial sustainability and hope for government support too.”

“All efforts taken by DHA, the Health Authority of Abu Dhabi (HAAD) and the UAE government to contain the outbreak and help the people are highly commendable and goes on to show the forward thinking of our Visionary Leaders. We are happy to support the fight against Covid-19 in everyway possible.”

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[boldlykeenblizzard]

HDFC Bank share price: Stocks in the news: Future Retail, HDFC Bank, SpiceJet, Thyrocare, Suzlon and Eicher Motors

Nifty futures on the Singapore Exchange traded 141.25 points or 1.69 per cent lower at 8,484.25, indicating a positive start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade:

Suzlon Energy: SBI-led consortium of lenders has approved a debt resolution plan. Currently, the company’s total debt from the lenders stands at around Rs 12,900 crore.

HDFC Bank: Theleme Master Fund, a UK-based hedge fund, on Monday picked up more than 31 lakh shares of HDFC Bank for Rs 280 crore through an open market transaction. Morgan Stanley Asia (Singapore) PTE – ODI offloaded 31,07,852 shares at an average price of Rs 901.

SpiceJet: HDFC Trustee Company Ltd, a wholly owned subsidiary of HDFC Ltd, has bought 34 million shares or a 5.45 per cent stake in low-fare airline SpiceJet through an open market purchase, a person close to the development said.

Thyrocare: Digital healthcare platform Practo has tied with private lab chain Thyrocare to carry out Covid-19 detection tests for Rs 4,500.

Eicher Motors: The maker of Royal Enfield motorcycles has suspended payments to a few of its suppliers, invoking what is known as the ‘force majeure’ clause. The move reflects the acute distress the industry is going through after shuttering of manufacturing facilities and dealerships for auto companies.

Future Retail: In a major relief to the promoters of the Future Group, the Bombay High Court on Monday restrained IDBI Trusteeship and others from selling the pledged shares in Future Retail until further orders. The court will consider the case next on May 4.

HCL Technologies: The IT firm does not expect the impact of the Covid-19 pandemic to be “significant” even as the effect on this quarter’s numbers has yet to be quantified, the firm said on Monday.

Gati: The company said it had to scale down and suspend operations in most of company’s operations due to nationwide lockdown.

Heidelbergcement India: The company said that the debottlenecking projects at Imlai and Jhansi plants have been completed within scheduled timelines. The grinding capacity of Imlai and Jhansi plants has been enhanced to 2.50 mtpa and 3.25 mtpa, respectively

Vedanta: The company said its operations, including mining, oil and gas, have been impacted due to the coronavirus outbreak and the company expects return to the full capacity in the coming weeks.

Indian Bank: The lender announced a cut its lending rates following a 0.75 percentage point reduction in the repo rate by the Reserve Bank last week.

Bharti Airtel: The telecom operator announced an extension in the validity period of more than 8 crore pre-paid connections until April 17 as well as credited talk time of Rs 10 in these accounts.

Union Bank: State-owned Union Bank of India (UBI) on Monday reduced its lending rates linked to external benchmark by 75 basis points (bps) to 7.20 per cent, in line with the Reserve Bank of India’s (RBI) recent repo rate cut.

Shalimar Paints: The company said it will extend closure of all manufacturing locations in India.

Insider Buys:

Adani Ports and Special Economic Zone Limited: Flourishing Trade And Investment Ltd has bought 25,10,938 shares through Market Purchase on Mar 26, 2020.

Aster DM Healthcare Limited: Alisha Moopen has bought 50,000 shares through Market Purchase on Mar 26, 2020.

Aster DM Healthcare Limited: Anoop Moopen has bought 58,469 shares through Market Purchase from Mar 25, 2020 to Mar 26, 2020.

B.A.G Films and Media Limited: Skyline Tele Media Services Limited has bought 11,29,205 shares through Market Purchase from Mar 20, 2020 to Mar 25, 2020.

Chambal Fertilizers & Chemicals Limited: Earthstone Holding (Two) Private Limited has bought 50,000 shares through Market Purchase on Mar 25, 2020.

Filatex India Limited: Nouvelle Securities Pvt. Ltd. has bought 25,000 shares through Market Purchase on Mar 25, 2020.

GMR Infrastructure Limited: Gmr Enterprises Private Limited has bought 1,92,33,536 shares through Market Purchase from Mar 23, 2020 to Mar 25, 2020.

HCL Technologies Limited: Vama Sundari Investments (Delhi) Private Limited has bought 29,10,492 shares through Market Purchase on Mar 24, 2020.

HFCL Limited: Mahendra Nahata has bought 2,53,000 shares through Market Purchase on Mar 26, 2020.

IIFL Finance Limited: Nirmal Bhanwarlal Jain has bought 82,517 shares through Market Purchase on Mar 26, 2020.

Indiabulls Housing Finance Limited: Sameer Gehlaut has bought 23,00,000 shares through Market Purchase on Mar 26, 2020.

Jagran Prakashan Limited: Sameer Gupta has bought 26,876 shares through Market Purchase on Mar 26, 2020.

JBM Auto Limited: Smc Credits Limited has bought 81,000 shares through Market Purchase from Mar 24, 2020 to Mar 25, 2020.

Jindal Steel & Power Limited: Opj Trading Private Limited has bought 4,25,769 shares through Market Purchase on Mar 26, 2020.

LT Foods Limited: Anmol Arora has bought 25,000 shares through Market Purchase on Mar 26, 2020.

Man Industries (India) Limited: Rameshchandra Mansukhani has bought 50,000 shares through Market Purchase on Mar 26, 2020.

NACL Industries Limited: K Lakshmi Raju has bought 46,87,500 shares through Conversion of security on Mar 24, 2020.

NACL Industries Limited: Krishi Rasayan Exports Private Limited has bought 78,12,500 shares through Conversion of security on Mar 24, 2020.

NACL Industries Limited: Rajesh Kumar Agarwal And Atul Churiwal (Jointly Representing, M/S.Agro Life Science Corporation, A Registered Partnership Firm) has bought 1,25,00,000 shares through Conversion of security on Mar 24, 2020.

Navneet Education Limited: Shaan Realtors Private Limited has bought 50,000 shares through Market Purchase on Mar 26, 2020.

NCC Limited: Alluri Shyama has bought 1,00,000 shares through Market Purchase on Mar 23, 2020.

NCC Limited: Babu Sreerama has bought 72,000 shares through Market Purchase on Mar 18, 2020.

NCC Limited: Sirisha Projects Private Limiteds has bought 2,50,000 shares through Market Purchase from Mar 19, 2020 to Mar 20, 2020.

NCL Industries Limited: Ashven Datla has bought 15,000 shares through Market Purchase from Mar 25, 2020 to Mar 26, 2020.

NCL Industries Limited: Kalidindi Ravi has bought 19,239 shares through Market Purchase on Mar 26, 2020.n

Nelcast Limited: P Deepak has bought 41,197 shares through Market Purchase from Mar 25, 2020 to Mar 26, 2020.

Paramount Communications Limited: Sandeep Aggarwal has bought 93,534 shares through Market Purchase from Mar 24, 2020 to Mar 25, 2020.

Paramount Communications Limited: Sanjay Aggarwal has bought 91,694 shares through Market Purchase from Mar 24, 2020 to Mar 25, 2020.

Quess Corp Limited: Ajit Abraham Isaac has bought 20,000 shares through Market Purchase on Mar 26, 2020.

Sadbhav Infrastructure Project Limited: Sadbhav Engineering Limited has bought 36,021 shares through Market Purchase on Mar 26, 2020.

Shree Digvijay Cement Co.Ltd: Anil Singhvi has bought 5,18,839 shares through Market Purchase from Mar 23, 2020 to Mar 25, 2020.

Somany Home Innovation Limited: Dr. Rajendra Kumar Somany has bought 1,41,198 shares through Market Purchase on Mar 26, 2020.

Sunflag Iron And Steel Company Limited: Mrs. Veena Ravi Bhushan Bhardwajveena Bhardwaj has bought 9,34,574 shares through Market Purchase on Mar 23, 2020.

Supreme Industries Limited: Boon Investment And Trading Company Private Limited has bought 1,51,364 shares through Market Purchase from Mar 24, 2020 to Mar 26, 2020.n

Supreme Industries Limited: Jovial Investment And Trading Company Private Limited has bought 74,129 shares through Market Purchase from Mar 24, 2020 to Mar 26, 2020.

Supreme Industries Limited: Parul B. Thakkar has bought 56,429 shares through Market Purchase from Mar 25, 2020 to Mar 26, 2020.

Insider Sells:

ITC Limited: N N Thakur has sold 17,700 shares through Market Sale on Mar 23, 2020.

ITC Limited: S K Bose has sold 22,400 shares through Market Sale on Mar 23, 2020.

ITC Limited: S. Suresh Kumar has sold 18,000 shares through Off Market on Mar 24, 2020.

NCC Limited: A G K Raju has sold 2,50,000 shares through Market Sale from Mar 19, 2020 to Mar 20, 2020.

Usha Martin Limited: Prashant Jhawar has sold 7,23,372 shares through Market Sale from Mar 23, 2020 to Mar 24, 2020.

V-Guard Industries Limited: Ramachandran V has sold 48,000 shares through Market Sale from Mar 25, 2020 to Mar 26, 2020.

Note: Disclosure made under Reg 13(4), 13(4a) of SEBI (IT) regulations 1992.

Bulk and Block Deals :

Blg Tickers Date Company Name Acquirer/Seller Buy /Sell Qty Traded Price AARTECH 30-Mar-20 Aartech Solonics Limited Nikesh Agro Farms And Infrastructure Private Ltd Buy 132,000 34.50 AARTECH 30-Mar-20 Aartech Solonics Limited Fortune Futures Private Limited Co Sell 132,000 34.50 AHOT 30-Mar-20 Asian Hotels (North) Limited Asian Agro Industries Ltd Buy 271,500 64.95 AHOT 30-Mar-20 Asian Hotels (North) Limited Venus India Asset-finance Private Limited Sell 270,000 64.95 AUPS 30-Mar-20 Aurionpro Solutions Ltd Ashish Rai Buy 191,800 39.99 AUPS 30-Mar-20 Aurionpro Solutions Ltd Adesh Ventures Llp Sell 179,732 40.00 BHTI 30-Mar-20 Bhartiya International Ltd Bhartiya Global Ventures Private Limited Buy 235,000 72.50 BHTI 30-Mar-20 Bhartiya International Ltd Silverline Traders Sell 234,988 72.50 CIT 30-Mar-20 Cerebra Integrated Technologies Ltd Societe Generale Sell 845,897 18.50 DEEPI 30-Mar-20 Deep Industries Ltd Savla Shail Manoj Buy 727,701 48.80 DEEPI 30-Mar-20 Deep Industries Ltd Shantilal Savla Family Trust Buy 494,102 48.90 DEEPI 30-Mar-20 Deep Industries Ltd Adanith Exim Resources Ltd Sell 1,228,000 48.84 FZT 30-Mar-20 Faze Three Ltd Ajay Anand Buy 642,779 30.29 FZT 30-Mar-20 Faze Three Ltd Amol Securities P Ltd Sell 178,759 30.30 FZT 30-Mar-20 Faze Three Ltd Komac Investments & Finance Pvt Ltd Sell 310,258 30.30 GHCL 30-Mar-20 GHCL Ltd J. P. Financial Services Private Limited Sell 480,000 83.28 GENE 30-Mar-20 Genesys International Corporation Ltd Ganapathy Vishwanathan Buy 1,022,776 20.90 GENE 30-Mar-20 Genesys International Corporation Ltd Pivotal Business Managers Llp Buy 430,000 21.10 GENE 30-Mar-20 Genesys International Corporation Ltd Pivotal Enterprises Private Limited Sell 429,993 21.10 GENE 30-Mar-20 Genesys International Corporation Ltd Saroja S Malik Sell 1,000,000 20.90 JI 30-Mar-20 Jain Irrigation Systems Ltd Avtar Instalments Private Limited Buy 2,886,517 3.23 JI 30-Mar-20 Jain Irrigation Systems Ltd Vanguard Moderate Growth Fund Sell 3,530,980 3.23 KGP 30-Mar-20 KGPETRO Preety Singhal Buy 94,350 66.80 KGP 30-Mar-20 KGPETRO Bal Dev Das Gauri Shanker Kandoi (huf) Sell 93,608 66.80 KALY 30-Mar-20 Kalyani Investment Company Ltd Morgan Stanley Asia (singapore) Pte. – Odi Buy 93,000 865.05 KALY 30-Mar-20 Kalyani Investment Company Ltd Metrica Asia Event Driven Master Fund Sell 93,000 865.05 LTFO 30-Mar-20 LT Foods Limited Kanodia Finance Private Ltd Buy 1,600,000 17.18 LTFO 30-Mar-20 LT Foods Limited Kanodia Stock Broking Sell 1,600,000 17.18 LCA 30-Mar-20 Lords Chloro Alkali Limited Yuvraj Ahuja Buy 255,882 18.85 LCA 30-Mar-20 Lords Chloro Alkali Limited Bhavya Sahni Sell 157,609 18.86 NINV 30-Mar-20 Nalwa Sons Investments Ltd Morgan Stanley Asia (singapore) Pte. – Odi Buy 53,000 475.05 NINV 30-Mar-20 Nalwa Sons Investments Ltd Metrica Asia Event Driven Master Fund Sell 53,000 475.05 OA 30-Mar-20 Orient Abrasives Ltd Chetan N Shah Buy 2,000,000 10.70 OA 30-Mar-20 Orient Abrasives Ltd Shah Manan Chetan Sell 1,996,213 10.70 RJPM 30-Mar-20 Rajapalayam Mills Ltd Morgan Stanley Asia (singapore) Pte. Buy 87,000 458.05 RJPM 30-Mar-20 Rajapalayam Mills Ltd Metrica Asia Event Driven Master Fund Sell 87,000 458.05 SUMM 30-Mar-20 Summit Securities Ltd Morgan Stanley Asia (singapore) Pte. – Odi Buy 105,000 233.50 SUMM 30-Mar-20 Summit Securities Ltd Metrica Asia Event Driven Master Fund Sell 105,000 233.50 TEAM 30-Mar-20 TeamLease Services Limited Vallabh Roopchand Bhansali Buy 99,152 1495.00 TEAM 30-Mar-20 TeamLease Services Limited Enam Investment Services Pvt Ltd Sell 99,152 1495.00 USM 30-Mar-20 Usha Martin Ltd Neutral Publishing House Ltd Buy 3,435,648 14.58 USM 30-Mar-20 Usha Martin Ltd Nusarwar Merchants Pvt Ltd Sell 1,525,000 14.73 VSCN 30-Mar-20 Vascon Engineers Limited Rekha Nemish Shah Buy 8,783,273 6.02 VSCN 30-Mar-20 Vascon Engineers Limited Shamyak Investment Private Limited Sell 8,783,273 6.02

Note: Insider Buy/Sell is as defined by SEBI Insider Trading Regulations, 1992 Bulk Deal is defined as any trade in which quantity transacted is more then 0.5% of the companies equity shares listed on the exchanges. The above mentioned data is not completely Extensive as relatively smaller trades have been excluded. (Edelweiss Alternative Research)

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[technologyinfosec]

Aster gets approval to hold 100% of its shares

Dubai - Aster DM Healthcare firm has become the first company in the UAE which can hold 100 per cent ownership in its Dubai subsidiaries after the UAE announced full ownership to foreigners in certain sectors. "We wish to inform that the Company received approval of the UAE Government to hold 100 per cent legal ownership in the subsidiaries in Emirate of Dubai, which contributes majority of the GCC business," the healthcare provider said in a statement posted on the Bombay Stock Exchange. Expecting the transfer of ownership to be completed by the current financial year, the company ruled out impact on its cash flow. Earlier, the UAE nationals were required to directly or indirectly hold at least 51 per cent stake in the share capital of the UAE company while the foreigners will control the remaining 49 per cent. In July 2019, the UAE Cabinet approved 100 per cent foreign ownership in 13 sectors and across 122 economic activities. These sectors were renewable energy, space, manufacturing, hospitality and food services, information and communication. In addition, other sectors and activities approved for full foreign ownership were biotechnology, educational activities, healthcare, art and entertainment etc. However, each emirate will determine the ownership percentage of foreign investors in these activities. The company was founded by its chairman and managing director Dr. Azad Moopen, one of the richest non-resident Indians in the UAE. It operates over 300 healthcare facilities, including hospitals, clinics and pharmacies, across nine countries. "Dubai is a significant market for us as it contributes almost 80% to our GCC business. I thank and appreciate the Visionary Rulers of UAE for this forward-looking change in law which will give impetus for more investments into the country," said Dr. Moopen. "The expected date for completion of the transfer of 100 per cent legal ownership of the subsidiaries in the Emirates of Dubai is by the end of the current financial year. It is further clarified that this activity shall not result in any major cash outflow towards investment since the company is already holding majority beneficial ownership in t hose subsidiaries. The Company is in the process of obtaining similar approvals in other Emirates of UAE," the healthcare firm said in a statement posted on the Bombay Stock Exchange, where it is listed Read the full article

[monicasharmalove]

Budget 2020: Healthcare sector allocation rises to Rs 69,000 crore

Budget 2020

Medical clinic and medicinal services segment stocks were in center after Finance Minister Nirmala Sitharaman declared the Center's arrangements to grow the administration's lead medical coverage conspire Ayushman Bharat-Pradhan Mantri Jan Aarogya Yojana (PMJAY). The FM reported an assignment of Rs 69,000 crore for the social insurance part in the 2020-21 Union Budget, marginally up from a year ago. Of this, around Rs 6,400 crore would be for AB-PMJAY plot, level from a year ago.

In 2019-20 the FM had reported a Rs 62,659.12 crore cost for the human services segment.

Other than dispensing Rs 6,400 crore for the plan, the FM additionally said that the AB-PMJAY plan would be extended by setting up more medical clinics in the level II and III urban areas under the open private-association (PPP) course. Continues from charges on restorative gadgets would be utilized for advancement of hospitals.The government will give practicality hole financing to the procedure. Portions of Apollo Hospital Enterprises, Aster DM Healthcare were insignificantly down around evening subsequent to picking up at first toward the beginning of the day.

"Suitability hole subsidizing window to be set up to cover clinics, with need given to optimistic regions that don't have emergency clinics empanelled under Ayushman Bharat. The administration will open medical clinics in level II and level III urban areas secured under optimistic locale conspire, which despite everything don't have an Ayushman-empanelled emergency clinic," Sitharaman said.

On-boarding of emergency clinics for the plan has been a lasting test for the plan. At present, around 16,000 emergency clinics are empanelled under the plan of which around 50 percent are private part medical clinics.....READ MORE

[pari-shah-posts]

Stocks to watch: IndusInd Bank, Wipro, Bandhan Bank, IRCTC, Infy, Aster DM

Here's a glance at the top stocks that may stay in concentrate today

MARKET NEWS: At 08:27 am, Nifty prospects on the Singapore Exchange (SGX) were exchanging 21 focuses or 0.17 percent higher at 12,378.50, demonstrating a positive beginning for the Indian market on Tuesday. 

Here's a glance at the top stocks that may stay in concentrate today - 

Profit today: As numerous as 12 organizations are scheduled to declare their December quarter results later in the day. The rundown incorporates names, for example, Wipro, Bandhan Bank, IndusInd Bank, and Mindtree. 

Delta Corp: The organization's net benefit rose 9.1 percent to Rs 55.1 crore in Q3 while Ebitda fell 7.7 percent to Rs 79 crore. Edge remained at 38.5 percent against 41.7 percent. 

Infosys: The organization has collaborated with GEFCO, a world chief in multimodal store network arrangements and the European head in car coordinations, to help its advanced change throughout the following five years. 

IRCTC: Ministry of Railways has given its endorsement to the organization to work 82901/82902 Ahmedabad-Mumbai Central Tejas Express. This train will have its debut run on 17 January 2020 and will begin its business run from 19 January 2020. Manappuram Finance said that the organization has raised US$300,000,000 by the designation of fixed-rate senior secured notes. 

Aster DM Healthcare: The organization educated that its board has affirmed buyback of 57,14,285 offers at a cost of Rs 210 by means of the delicate offer. 

Coffee Day Enterprises, CG Power: Leading stock trades BSE and NSE will suspend exchanging portions of bistro chain administrator Coffee Day Enterprises and misrepresentation hit CG Power and Industrial Solutions from February 3 for not consenting to post standards relating to accommodation of quarterly budgetary outcomes.

READ FOR LIVE UPDATE:  Stocks to watch

[noncyowen]

Stocks to watch: PI Ind, Jet Airways, Aster DM Healthcare, HDFC Bank, ITI Rebound in global peers and Nifty futures on the Singapore Exchange (SGX) indicate a positive start for the domestic market on Tuesday.

[richmeganews]

Strong EBITDA growth for Aster DM Healthcare | Azad Moopen to ET Now

Adding up to releasing their numbers, Aster DM is another one to declare the numbers. In an exclusive conversation to ET Now, Azad Moopen of Aster DM Healthcare speaks on the revenue and the EBITDA growth for the company. Listen in!

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Equity benchmark indices opened higher on Thursday, despite muted global trends ahead of June F&O expiry due later today and G20 meet. The Sensex rose 76 points at 39,674, while the Nifty was up 25 points to trade at 11,872 levels. Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red. Shares of Aster DM Healthcare jumped 5% after True North Fund sold 3.74cr shares or 7.4% equity in the company at Rs120 each. Shares of Coffee Day Enterprises soared 4% after media reports said that Coca-Cola has entered exclusive talks to pick up a significant stake in the company. Infratel, BPCL, Tata Motors, and Indiabulls Housing are among top gainers on the Nifty, while Tech Mahindra, Sun Pharma, Dr. Reddy’s were under pressure. Meanwhile, the US President Donald Trump indicated optimism on Wednesday for a trade agreement with China but said he is still considering imposing tariffs on all Chinese imports, according to the media reports. Oil prices declined as investors await OPEC meeting to be held to decide on the extension of output cuts. Brent crude futures were trading down 44 cents at $66.05, while the US West Texas Intermediate (WTI) crude futures were down 41 cents at $58.97. The Indian Rupee opened lower at 69.26 per dollar against the previous close of 69.15 per dollar on Thursday. The Volatility gauge, India VIX was down 0.49% at 14.67. The most active stocks on the NSE are SBI Life, DHFL and Reliance. Get more details here:  Intraday stock tips, Financial Advisory Company ,Derivative Free Trial,Stock tipsCall on:9977499927* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

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Adani Ports, Aster DM Healthcare, Welspun Among Key Stocks to Watch Out for Today via Top Business News- News18.com

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Buy Aditya Birla Fashion and Retail Ltd & Aster DM Healthcare Ltd

Aditya Birla Fashion and Retail Ltd (ADIA):

Aditya Birla Fashion and Retail Ltd (ADIA) has officially announced a consolidated sales of Rs. 323.02 Cr for the quarter ended on 30-06-2020, which is 82.37%, down from its previous quarter sales of Rs. 1,831.88 Cr and 84.36%, down from its previous year same quarter sales of Rs. 2,065.46 Cr. The firm has also announced its net profit after tax of Rs. -410.36 Cr in the most recent quarter.

Aditya Birla Fashion and Retail Ltd (ADIA) is a buy call with a target of Rs. 155.

Aster DM Healthcare Ltd (ATRD)::

Aster DM Healthcare Ltd (ATRD) has officially announced a consolidated sales of Rs. 1,760.63 Cr for the quarter ended on 30-06-2020, which is 23.50%, down from its previous quarter sales of Rs. 2,301.37 Cr and 13.21%, down from its previous year same quarter sales of Rs. 2,028.59 Cr. The firm has also announced its net profit after tax of Rs. -89.61 Cr in the most recent quarter.

Aster DM Healthcare Ltd (ATRD) is a buy call with a target of Rs. 166.

Disclaimer: The perspectives and investment tips are given in this section are the expert’s own and not that of the website or its management. We encourage clients to check with certified experts before taking any position in the stocks/shares mentioned.

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Aster DM Healthcare cuts capex, but stock may be in the slow lane

Aster DM Healthcare cuts capex, but stock may be in the slow lane

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MUMBAI: Hospitals are seeing the impact of covid-related disruptions during March, while clinics are going through tougher times. Aster DM Healthcare Ltd did well on the revenue front, but growth slowdown was visible. Nevertheless, the Street was fine with the results, with the stock inching higher by about 2% on Thursday.

Aster DM’s revenues grew 5% year on year in Q4, which, given…

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via FTM Consulting