News for Aster DM Healthcare Limited (ASTERDM.BO)

The merged entity will be jointly controlled by Aster Promoters and Blackstone

Aster DM Healthcare shares gained 2.78% to Rs 503.15 against the previous close of Rs 489.50 on BSE. Market cap of the firm stood at Rs 24,933 crore.

Stocks including TCS, IndusInd Bank, ICICI Prudential Life, IREDA, Vedanta, Adani Total Gas, Swiggy, NHPC, Dabur India, MGL and Gensol will be in the spotlight on Wednesday, April 16.

Indian markets surged on Tuesday, with Sensex rising 1,577 points and Nifty 500 points, as Trump's tariff exemptions spurred broad-based buying across sectors despite weak earnings forecasts.

The Competition Commission of India has approved a proposed merger between Aster DM Healthcare Ltd. and Quality Care India Ltd. Prior to the merger, Aster shall purchase a 5% stake in Quality Care from BCP Asia II TopCo IV and Centella Mauritius Holdings.

The Indian stock market remained closed on Monday for Eid al-Fitr 2025. On Friday, Sensex and Nifty ended lower due to weakness in auto and IT stocks, amid investor caution over upcoming US tariffs. However, foreign inflows and hopes of domestic growth recovery fueled intraday volatility.

Aster DM Healthcare Ltd. will issue shares on preferential basis for consideration other than cash. For this purpose, the company has received in-principle approval from both the National Stock Exchange Ltd and BSE Ltd.

Promoters of Aster DM Healthcare Ltd. have reduced their share pledge from 99% to 41%, according to a press release by Newsvoir. This was done after completing a debt refinancing transaction from top-tier global financial institutions.

Stocks including LIC, Bharat Electronics, Vedanta, Glenmark Pharma, Cipla, FirstCry, NHPC, VA Tech Wabag and more will be in the spotlight on Monday, February 10.

Aster DM Healthcare and QCIL seek CCI approval for merger, reshaping India's healthcare landscape with combined strengths.

Stocks including L&T, JSW Steel, Wipro, Bank of Baroda, Biocon, Torrent Power, PB Fintech, Kalyan Jewellers and more will be in the spotlight on Friday, January 31.

Baron India Fund declined in the fourth quarter of 2024, outperforming its benchmark, the MSCI AC Asia ex Japan/India Linked Index. Read more here.

Axis Securities said that Infosys experienced profit booking and retraced 38 per cent of the Fibonacci move from Rs 509 to Rs 1,954, finding support at the Rs 1,231 level.

Aster DM Healthcare and Blackstone and TPG-backed Quality Care have decided to merge to create one of India's top three hospital chains.

Buzzing stocks, Stocks to watch today: Aster DM, ITC, Cochin Shipyard. Ashok Leyland, Aviation stocks, Biocon, ONGC, KEC International, Adani Enterprises, HG Infra, Brightcom, Protean eGov, Dixon Tech, RBL Bank, Bajaj Finance, Power Mech, Religare, TVS Srichakra, Paisalo, Tech Mahindra, REIT/InVIT

Aster DM Healthcare acquires Quality Care India, forming Aster DM Quality Care Ltd with 38 hospitals and ₹7,300 crore revenue.

The merged entity, Aster DM Quality Care Limited, will have a combined portfolio of four leading brands: Aster DM, CARE Hospitals, KIMSHEALTH and Evercare. It will have a of network of 38 hospitals and 10,150+ beds spread across 27 cities.

Aster DM Healthcare's board is set to meet today to potentially finalize a reverse merger with Care Hospitals, which is backed by private equity firm Blackstone, according to sources. Aster DM's shares rose 2.51%, trading at Rs 500.10 on the BSE as of Friday morning.

Aster DM Healthcare acquires remaining stake in Aster Aadhar Hospital, Kolhapur, aiming to consolidate in Western India.