Stock Market News

Aster DM shares climb 4% as HSBC sees 64% potential upside.

Aster DM Healthcare shares rallied 4 percent intraday on July 3 after global investment firm HSBC said the stock trades at a steep discount to global emerging markets’ (GEM) peers.

“Company trades at over 40 percent discount to GEM peers despite a strong profile. We maintained buy call on the stock with a target price at Rs 205, implying 64 percent potential upside from current levels,” the brokerage said.

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