 "Dalal Street")
Aster DM trades at 35% premium
The turbulence in the market notwithstanding, shares of Aster DM Healthcare are commanding a 35 per cent premium in the grey market. The hospital chain company’s Rs 9.8-billion IPO
opens on Monday. The price band for the IPO is Rs 180 to Rs 190. “Aster DM has low debt and good track record. Also, the government’s thrust on the healthcare sector will benefit the company,” said a broker. Shares of another hospital chain Shalby, which listed in December, are currently trading at a five per cent discount to their IPO price.
Coal India bucks the trend
Shares of
