Synopsis: All nursing staff across Aster’s Kerala hospitals have resumed full operations after weeks of strike action over wage disputes, even as the matter remains sub-judice before the Kerala High Court until May 31, 2026.
On Tuesday, Aster DM Healthcare Limited announced that all its nursing personnel in all its hospital units in Kerala are back to work and all its operations are operating at full capacity which is a relief to the investors since a long wage dispute had hurt its revenues by 5.78 crore ever since the strike out.
The strike, which was based on the demands to revise the minimum wage structures by the United Nurses Association (UNA), had already caused a regulatory disclosure by Aster as early as March 14, 2026. The Kerala High Court had stepped in and ordered the UNA to suspend the strike, and the stay order was renewed by a series of oral orders, and is currently in effect until May 31, 2026. The case of the fundamental conflict between the Kerala Private Hospital Association and UNA is still unresolved in the court in order to achieve a final conclusion.
To ensure continuity of the critical care in the disruption, Aster instigated in-house contingency plans and enlisted nursing personnel of its units in Karnataka to render the necessary services to the affected facilities in Kerala.
Such a disclosure was done under Regulation 30 of the SEBI LODR Regulations. Aster said that it will be closely following the developments and inform the stock exchanges about any material changes. The wage dispute, which has been pending until the May 31 deadline should it be resolved, may eliminate an overhang on the stock, and rekindle investor confidence in the Kerala operations.
With a market cap of Rs. 35,325 crore, shares of Aster DM Healthcare rose 2.36% in today’s session, hitting an intraday high of Rs. 686 compared to the previous close of Rs. 666.05. The stock opened at Rs. 675 and is trading near its VWAP of Rs. 680.40.
The counter commands a PE of 86.81, and has delivered a return of 384% over the last 5 years significantly outperforming the Nifty 500’s 84.54% over the same period. The 52-week low stands at Rs. 486.45, touched on April 15, 2025, while the 52-week high of Rs. 732.20 was seen in October 2025. Aster DM Healthcare Limited is one of India’s leading private healthcare providers, operating hospitals, clinics, and pharmacies across India and the GCC.
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