ASTER DM Healthcare Long Term Investment idea💡

Introduction

Aster DM Healthcare Ltd. engages in the provision of healthcare solutions. It operates through the following segments: Hospitals, Clinics, Retail Pharmacies, and Others. The Hospitals segment manages hospitals and in-house pharmacies at the hospitals. The Clinics segment consists of clinics and in-house pharmacies at the clinics. The Retail Pharmacies segment includes standalone retail pharmacies and optical outlets. The Others segment provides healthcare consultancy services and others.

Observation

As we can see stock 31% fall from its all-time high and now making higher low with good trading volume strong RSI and above EMA. Target retracement mentioned.

Let's touch fundamentals

ROCE - 4.48 %
ROC - 3.13 %
Debt to equity - 0.56
PE - 80
Promoter Holding - 41.9 %
Public holding - 13%
Promoter Holding Pledge - 98.87%

Technical Analysis & indicators 🔍

Weekly Chart
HH, HL

News of the day

1. Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, announced the establishment of a Center of Excellence (CoE) powered by NVIDIA platforms to drive advancements in sovereign large language model (LLM) frameworks, agentic AI, and physical AI.Based on the Tech Mahindra Optimized Framework, the CoE leverages the NVIDIA AI Enterprise software platform — including NVIDIA NeMo, NVIDIA NIM microservices and NVIDIA RAPIDS — to offer customized, enterprise-grade AI applications to help its clients adopt agentic AI in their businesses. Agentic AI significantly improves productivity by enabling AI applications to learn, reason, and take action. The CoE also uses the NVIDIA Omniverse platform to develop connected industrial AI digital twins and physical AI applications across various sectors, including manufacturing, automotive, telecommunications, healthcare, banking, financial services and insurance.

2. Hindustan Unilever fell 7% on Thursday, tracking their worst day in nine months, after reporting quarterly earnings below estimates due to an urban slowdown, with analysts expecting the pain to continue in the near term.For the consumer goods industry, growth in urban pockets - which accounts for two-thirds of Hindustan Unilever's revenue - has lagged that in rural areas over the last three quarters.

3. GAIL (India) is seeking long-term import deals for liquefied natural gas (LNG) amounting to 5.5 million tons per year, raising its capacity to 21 mln tons per year by 2030, finance chief Rakesh Kumar Jain said on Wednesday.

Educational content 📖

This stock analysis is designed for educational purposes and should not be taken as financial advice. Please carry out your own research or consult with a financial advisor before investing.

Thu Oct 24, 2024