Aster DM and Quality Care India merger complete; begins operations as Aster DM Quality Care

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ASTERDM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹775.55

prior close

₹794.80

announcement price

In-mkt

timing

Nifty Smallcap 250market+1.0%+0.8% vs market

Hospital peers, median of 24sector+1.0%+0.9% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 0.9 pts more than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

+0.0

15m

+0.1

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9+1.0+0.8+1.0+0.9

Next day

+2.3+1.1+1.2+1.2+1.1

+1.7+1.6+0.2+1.1+0.6

+1.8+0.9+1.0-0.1+1.9

+0.8-1.1+1.9-1.4+2.2

+4.2+0.4+3.8+0.2+4.0

+4.7+2.1+2.7+0.7+4.1

15d

+1.2-0.8+2.1-0.4+1.6

+4.9+2.1+2.9-0.8+5.8

-1.9+2.6-4.5+0.5-2.4

-10.9-0.8-10.1-7.4-3.5

UpDownMarket · Nifty Smallcap 250Sector · Hospital peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Aster DM Healthcare completed its merger with Quality Care India Limited, forming Aster DM Quality Care Limited. Operations begin with 39 hospitals across 28 cities, over 10,600 beds, and 45,000+ staff. The entity combines four brands: Aster DM, CARE Hospitals, Evercare, and KIMSHEALTH. Dr. Azad Moopen is Executive Chairman; Varun Khanna is MD and Group CEO. Bed capacity may grow beyond 15,000. Focus is expanding advanced care into tier 2 and tier 3 cities.

Likely market impact

Combined platform of 39 hospitals and 10,600 beds boosts scale and reach, but integration execution and synergy delivery will be key to watch.