ASTERDM (Aster DM Healthcare Ltd.): Acquisition / M&A
Aster DM Healthcare Ltd. has announced the successful completion of its merger with Quality Care India Limited, according to an NSE filing dated July 2, 2026. The exchange filing also noted the effective date of the scheme of amalgamation, changes in promoter category, and amendments to the company's Memorandum and Articles of Association. The stock closed at ₹795.1 on July 2, up 2.46% from the previous close of ₹776.0.
Events like this—acquisition and merger completions—have historically shown a 48.9% win rate across 141 comparable instances in Strota's database, with a net edge of 0.213 percentage points. This base rate reflects how similar corporate actions have performed in aggregate, not a forecast for this specific stock.
The company's market capitalisation stands at ₹40,114 crore, with a price-to-earnings ratio of 120.68 and price-to-book of 8.74. The stock trades 7.23% below its 52-week high of ₹836.5 and 49.49% above its 52-week low of ₹519.1. Relative volume at 0.52 indicates below-average trading activity. The RSI-14 reads 52.7, a neutral momentum reading where values above 70 suggest overbought conditions and below 30 suggest oversold.
The data establishes that the merger has been formally completed and the stock has risen on the announcement date, alongside historical patterns for comparable events. It does not establish whether the integration will meet operational targets or how the combined entity's earnings will trend.
The catalyst
Aster DM Healthcare Limited has informed the Exchange regarding a press release dated July 02, 2026, titled "Successful completion of the merger between Aster DM Healthcare and Quality Care India Limited". (filing · NSE)
What the data shows after this event
Across Strota's backtest of past filings, Acquisition / M&A shows no reliable next-session edge — the move went bullish in about 48.9% of next sessions (net 0.213% after drift and cost, n=141). A base rate, not a forecast for this stock.
ASTERDM right now
trading +2.46% on the day; P/E 120.68; RSI 52.7. Full ASTERDM analysis →
Sources
- Aster DM Healthcare Limited has informed the Exchange regarding a press release dated July 02, 2026, titled "Successful completion of the merger between Aster DM Healthcare and Quality Care India Limited". — NSE
- Price to sales forward of Aster DM Healthcare Ltd. – NSE:ASTERDM — TradingView
- Aurobindo Pharma Ltd leads losers in 'A' group — Business Standard
- Volumes soar at Belrise Industries Ltd counter — Business Standard
- How The Aster DM Healthcare (NSEI:ASTERDM) Narrative Is Shifting With New Valuation Assumptions — Simply Wall St.
Keep digging
- ASTERDM — full smart-money page: F&O positioning, deals, insider filings and option chain in one place.
- Today's screens: every stock matching the same setups (buildups, breakouts, volume shockers).
- Newsroom: the other stocks in play this session.