Share of Aster DM Healthcare Ltd is currently trading at around Rs.372/- Existing as well as Prospective Investors are asking for Aster DM Healthcare Share Price Target 2024,2025,2030,2035 & 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Aster DM Healthcare Share Price Target 2025,2030,2035 & 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Aster DM Healthcare Ltd:
Aster DM Healthcare Ltd has experienced a mixed financial performance recently. In the first quarter of FY 2024, the company reported a significant increase in net profit, rising to ₹5,152.2 crore from ₹20 crore in the corresponding quarter of the previous year. This growth was primarily driven by a 24% year-on-year increase in the pharmacy segment and a 16% rise in overall revenue
The company’s strategic shift includes selling a 65% stake in its Gulf business for $1 billion. This divestment aims to refocus efforts on the Indian market, where Aster plans to expand significantly. The company intends to open 180-200 new pharmacies in Saudi Arabia and invest in its Indian operations
Looking ahead, Aster DM Healthcare’s prospects are bolstered by its plan to expand its footprint in India and the Gulf region. The capital raised from the Gulf business sale will provide the flexibility to pursue further growth opportunities, including acquisitions and new healthcare facilities. This strategy, combined with its strong performance in the pharmacy segment, positions Aster DM Healthcare well for continued growth and profitability.
Share Price Targets:
Aster DM Healthcare Price Target 2024
Based on the above discussion and analysis, the share price of Aster DM Healthcare is likely to touch the level of around Rs.410-450 in 2024
Aster DM Healthcare Price Target 2025
Based on the above discussion and analysis, the share price of Aster DM Healthcare is likely to touch the level of around Rs.495-500 in 2025
Aster DM Healthcare Price Target 2030
Based on the above discussion and analysis, the share price of Aster DM Healthcare is likely to touch the level of around Rs.750-800 in 2030
Aster DM Healthcare Price Target 2035
Based on the above discussion and analysis, the share price of Aster DM Healthcare is likely to touch the level of around Rs.1250-1275 in 2035
Aster DM Healthcare Price Target 2040
Based on the above discussion and analysis, the share price of Aster DM Healthcare is likely to touch the level of around Rs.2000-2100 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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