Aster DM Healthcare completed sale of GCC operation with a consideration of $907.6 million and plans to distribute 70-80% of proceeds as Special Dividend & creating shareholder value
Boomeranged on Mon, 15 Apr 2024 23:32
Company announced a dividend of 118/share at higher end of guided band.
Stock hit lifetime high of 558/share today, 40% Return in Just one Special Situation in less than 2 months.
🎯 Target is to expand capacity to 10,000 Beds in coming years vs 4800 beds now
👀Promoter has no plans to sell stake & will release pledge on their holdings soon
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