HSBC retained its 'Buy' rating on Apollo and KIMS and raised the price targets on Rainbow and Aster with a significant capex cycle underway for hospitals in India in 2025.
The brokerage said structural drivers such as an ageing population, an increase in lifestyle-related disorders and rising health insurance coverage remain intact for the growth of hospitals.
«Despite significant bed additions, we do not see an excess supply issue, even in the micro markets within a city (e.g., Bengaluru), as demand remains unmet,» said analysts at HSBC in a note.
Out of the brokerage's coverage universe, seven hospitals plan to add 16,000 beds over the next 3 to 5 years, which is four times the number of beds added between FY19 and 24.
Stock Trading
Mastering Options Selling: Advanced Strategies for Success
By — CA Manish Singh, Chartered Accountant, Professional Equity and Derivative Trader
Stock Trading
Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading
By — Rohit Srivastava, Founder- Indiacharts.com
Stock Trading
Candlesticks Made Easy: Candlestick Pattern Course
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Options Trading Made Easy: Options Trading Course
By — Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant
Stock Trading
Advanced Strategies in Stock Market Mastery
By — CA Raj K Agrawal, Chartered Accountant
Stock Trading
Stock Markets Made Easy
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Technical Analysis Made Easy: Online Certification Course