Rainbow Children's Medicare Ltd - Asset-Light Model: Excellence, Scale...
We initiate coverage on Rainbow Children’s Medicare with a BUY recommendation and a DCFbased Target Price (TP) of Rs 1,625/share (EV/EBITDA of 23x...
332 Views
2025 High Conviction Update: Aster DM Healthcare (ASTERDM IN) Q3 Result- Margin Expansion Continues
Aster DM achieved 11% revenue growth to INR10.5B in Q3FY25, with operating EBITDA margins standing at 19.3% (vs. Q3FY24: 17.7%). The company aims...
772 Views
Rainbow Children's Medicare - In-Line Quarter; Execution Delay a Slight Dampener
Ramp up in new hospitals remains strong with breakeven expected for Hyderabad hospitals (commissioned during Q4FY24) within the next quarter.
175 Views
Dr Agarwal’s Healthcare IPO Trading - Decent Anchor Demand but Subdued Overall Coverage
Dr Agarwal’s Healthcare raised around US$350m in its India IPO. In this note, we will talk about the demand and trading dynamics.
413 Views
Dr Agarwal’s Healthcare IPO - RHP Updates & Quick Thoughts on Peer Comp and Valuation
Dr Agarwal’s Healthcare is looking to raise about US$350m in its India IPO. In this note, we provide a summary of its RHP updates and share our...
729 Views