External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Strong Revenue Growth Driven by Hospitals Segment: The Fortis Hospital Segment reported revenue of Rs 1,701 Cr, up 14.2% YoY and 4.8% QoQ, supported by higher ARPOB and improved occupancy levels.</li><li>Stable ARPOB and Improved Occupancy: ARPOB stood at Rs 68,770, up 8.2% YoY, while occupancy improved to 69% (up 200 bps YoY), driven by a 7.2% YoY growth in occupied bed days.</li><li>EBITDA margins remained flat at 22% YoY.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Strong Revenue Growth Driven by Hospitals Segment: The Fortis Hospital Segment reported revenue of Rs 1,701 Cr, up 14.2% YoY and 4.8% QoQ, supported by higher ARPOB and improved occupancy levels.Stable ARPOB and Improved Occupancy: ARPOB stood at Rs 68,770, up 8.2% YoY, while occupancy improved to 69% (up 200 bps YoY), driven by a 7.2% YoY growth in occupied bed days.EBITDA margins remained flat at 22% YoY.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Fortis Healthcare Ltd - Fortis Strengthens Core Business