India's Aster DM Healthcare falls on Q1 profit slump

Aster DM Quality Care

16/08/2023 05:36

** Shares of Aster DM Healthcare  ATRD.NS  fall as much as
4.1% to 294.4 rupees, lowest since July 4
    ** Co on Monday reported a near-93% fall in Q1 consol net
profit, despite 21% rise in revenue from ops
    ** Stock on track for third consecutive session of decline
if trends hold
    ** Stock slips below 50-day exponential moving avg for first
time since May 9; continues to trade above 100- and 200-day avgs
    ** Nine analysts rate stock 'buy' or higher, 1 'hold;'
median PT is 312.5 rupees - Refinitiv
    ** Stock up 32.8% YTD up to last close

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))