Piramal Pharma Ltd, KPIT Technologies Ltd, Sona BLW Precision Forgings Ltd, Escorts Kubota Ltd are among the other stocks to see a surge in volumes on NSE today, 24 October 2024.Aster DM Healthcare Ltd recorded volume of 196.3 lakh shares by 14:14 IST on NSE, a 31.74 times surge over two-week average daily volume of 6.18 lakh shares. The stock gained 9.81% to Rs.441.45. Volumes stood at 7.02 lakh shares in the last session.Piramal Pharma Ltd recorded volume of 822.13 lakh shares by 14:14 IST on NSE, a 15.06 times surge over two-week average daily volume of 54.61 lakh shares. The stock gained 18.95% to Rs.259.29. Volumes stood at 40.12 lakh shares in the last session.KPIT Technologies Ltd registered volume of 90.02 lakh shares by 14:14 IST on NSE, a 12.91 fold spurt over two-week average daily volume of 6.98 lakh shares. The stock slipped 13.60% to Rs.1,412.20. Volumes stood at 17.35 lakh shares in the last session.Sona BLW Precision Forgings Ltd registered volume of 236.63 lakh shares by 14:14 IST on NSE, a 12.74 fold spurt over two-week average daily volume of 18.57 lakh shares. The stock rose 13.95% to Rs.733.95. Volumes stood at 16.11 lakh shares in the last session.Escorts Kubota Ltd recorded volume of 13.86 lakh shares by 14:14 IST on NSE, a 8.15 times surge over two-week average daily volume of 1.70 lakh shares. The stock lost 6.24% to Rs.3,470.35. Volumes stood at 2.03 lakh shares in the last session.Powered by Capital Market - Live

Escorts Kubota Ltd, Sona BLW Precision Forgings Ltd, AIA Engineering Ltd, V I P Industries Ltd are among the other stocks to see a surge in volumes on BSE today, 24 October 2024.Aster DM Healthcare Ltd recorded volume of 6.07 lakh shares by 10:47 IST on BSE, a 18.87 times surge over two-week average daily volume of 32194 shares. The stock gained 9.13% to Rs.439.05. Volumes stood at 53232 shares in the last session.Escorts Kubota Ltd clocked volume of 37588 shares by 10:47 IST on BSE, a 8.57 times surge over two-week average daily volume of 4387 shares. The stock lost 6.09% to Rs.3,477.15. Volumes stood at 9297 shares in the last session.Sona BLW Precision Forgings Ltd witnessed volume of 2.35 lakh shares by 10:47 IST on BSE, a 7.79 times surge over two-week average daily volume of 30138 shares. The stock increased 10.19% to Rs.707.90. Volumes stood at 42437 shares in the last session.AIA Engineering Ltd registered volume of 5225 shares by 10:47 IST on BSE, a 4.38 fold spurt over two-week average daily volume of 1194 shares. The stock slipped 1.48% to Rs.3,904.95. Volumes stood at 2060 shares in the last session.V I P Industries Ltd witnessed volume of 86948 shares by 10:47 IST on BSE, a 4.01 times surge over two-week average daily volume of 21664 shares. The stock dropped 4.73% to Rs.484.90. Volumes stood at 42485 shares in the last session.Powered by Capital Market - Live

Aster DM Healthcare Ltd gained 9.62% today to trade at Rs 441. The BSE Healthcare index is up 0.57% to quote at 42951.47. The index is down 2.89 % over last one month. Among the other constituents of the index, Piramal Pharma Ltd increased 4.29% and Supriya Lifescience Ltd added 3.3% on the day. The BSE Healthcare index went up 57.23 % over last one year compared to the 25.22% surge in benchmark SENSEX. Aster DM Healthcare Ltd has added 4.64% over last one month compared to 2.89% fall in BSE Healthcare index and 5.55% drop in the SENSEX. On the BSE, 70859 shares were traded in the counter so far compared with average daily volumes of 38642 shares in the past one month. The stock hit a record high of Rs 558.3 on 15 Apr 2024. The stock hit a 52-week low of Rs 312.25 on 04 Jun 2024.Powered by Capital Market - Live

Net profit of Aster DM Healthcare reported to Rs 96.84 crore in the quarter ended September 2024 as against net loss of Rs 30.79 crore during the previous quarter ended September 2023. Sales rose 16.89% to Rs 1086.44 crore in the quarter ended September 2024 as against Rs 929.43 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1086.44929.43 17 OPM %19.9915.29 - PBDT220.92115.69 91 PBT158.6561.27 159 NP96.84-30.79 LP Powered by Capital Market - Live

Aster DM Healthcare will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live

The company will invest around Rs 220 crore and it has proposed capacity addition of 275-300-bed in 2 phases. The lease term is 30 years, starting from the commencement date of rent payments. The company said that establishing a new Women & Child hospital in Hyderabad offers a strategic opportunity to address the growing healthcare needs of a rapidly expanding population, driven by urbanization and an increasing middle class with greater disposable income. The proposed project is situated in a catchment area with a predominantly young migrant population, which further increases the demand for comprehensive women's and children's healthcare services. With limited options for full-fledged Women & Child hospitals offering high-end super-specialty services, this project is well-positioned to serve an essential market need while capitalizing on the city's robust infrastructure and medical tourism potential. Aster DM Healthcare is primarily involved in the operations of healthcare facilities, retail pharmacies, and providing consultancy in areas relating to healthcare. The company's consolidated net profit jumped 81.29% to Rs 81 crore in Q1 FY25 as compared with Rs 44.68 crore in Q1 FY24. Revenue from operations jumped 19.1% YoY to Rs 1001.87 crore during the quarter. Shares of Aster DM Healthcare rose 0.30% to Rs 422.70 on the BSE.Powered by Capital Market - Live

The firm stated that Shetty has confirmed there are no other reasons for his resignation other than the one specified. He will be relieved from his responsibilities after 90 days of notice period. Aster DM Healthcare is primarily involved in the operations of healthcare facilities, retail pharmacies, and providing consultancy in areas relating to healthcare. The company's consolidated net profit jumped 81.29% to Rs 81 crore in Q1 FY25 as compared with Rs 44.68 crore in Q1 FY24. Revenue from operations jumped 19.1% YoY to Rs 1001.87 crore during the quarter. The scrip declined to close at Rs 368.85 on Monday, 5 August 2024. Powered by Capital Market - Live

Revenue from operations jumped 19.1% YoY to Rs 1001.87 crore during the quarter. Profit before tax surged to Rs 119.99 crore in Q1 FY25 as compared with Rs 51 crore posted in corresponding quarter last year. EBITDA stood at Rs 177 crore in Q1 FY25, up 39% as compared with Rs 128 crore in Q1 FY24. EBITDA margin expanded to 17.7% in Q1 FY25 as against 15.3% in Q1 FY24. During the quarter, revenue from hospitals declined 46.53% YoY to Rs 1004.14 crore, revenue from clinics tumbled 94.97% YoY to Rs 30.36 crore. Karnataka & Maharashtra cluster revenue grew by 38% YoY and operating EBITDA grew by 55% YoY. Azad Moopen, Founder and Chairman, Aster DM Healthcare, said, 'With the successful segregation of our GCC business, we are now a pure-play India entity, as we embark on a new journey FY25 onwards. In Q1 FY25, our India business achieved 20% YoY growth delivering the highest ever revenue performance of INR 1,002 crores, aided by an increase in bed capacity and growth in ARPOB. The Operating EBITDA grew by 39% YoY to INR 177 crores and net profits (post NCI) grew by 80% YoY to INR 74 crores in Q1 FY25. Aster CMI Hospital became the first hospital in South India to receive NABH Digital Platinum Accreditation. As we progress, we are on track to reach 6,500+ beds by FY27, further strengthening our position as a leader in the healthcare sector.' Aster DM Healthcare is primarily involved in the operations of healthcare facilities, retail pharmacies, and providing consultancy in areas relating to healthcare.Powered by Capital Market - Live