Latest Updates

Track our active research output, model revisions, and corporate earnings summaries.

Model Revision Today, 09:30 AM

Hospitals: Apollo Master Model Updated

We have revised the ARPOB assumptions upward by 120bps for FY25 following management commentary on elective surgery volumes. Price target adjusted.

Earnings Flash Yesterday

Delhivery Q3 Results Snapshot

Revenue inline, but margin expansion beat estimates. Express Parcel yields stabilized. Read our 2-page flash note for the full breakdown of unit economics.

Research Publication Oct 12, 2024

Data Centers: The Capacity Crunch

New sector initiation report published. We analyze the supply-demand mismatch in Indian data centers and the resulting impacts on lease escalators.

Read Abstract