Aster DM hits 8-month high, up 30% in 2 months on healthy growth outlook

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Given its impressive revenue CAGR of 22 per cent through FY19-24 with improving profitability, analysts at Elara Capital expects strong growth to continue, though at moderated levels.

It operates a network of 19 hospitals across 14 cities in India and Bangladesh and had a total capacity of 5,150+ beds as on September 30, 2024.

QCIL operates three brands namely CARE Hospitals, KIMSHEALTH and Evercare in India and Bangladesh and is focused on emerging cities in India.

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Article Details

Category: BusinessFinance

Markets: IndiaBangladesh

Topics: Quality Care India ICRA KIMSHEALTH TPG Elara Capital Markets Merger Evercare CARE Hospitals Blackstone QCIL Aster DM Healthcare share

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 12:30:28 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 721 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24591672

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