March 10, 2025
Home » JM Financial upgrades Aster DM Healthcare to Buy, raises target price to Rs 532 Jobbery Stock Market update New
JM Financial upgrades Aster DM Healthcare to Buy, raises target price to Rs 532

JM Financial has upgraded Aster DM Healthcare to a BUY rating with a revised target price of Rs 532. The brokerage highlights Aster’s valuation gap compared to peers and expects synergies from the Aster-QCIL merger to drive revenue growth. They anticipate a significant improvement in EBITDA and RoIC, projecting a 34% upside for the stock.

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