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    H
    Healthcare
    SECTOR | 24 Aug 2023

    Q1FY24 result review : Seasonality restrains momentum

    buy
    Healthcare
    by ICICI Securities Limited
    ICICI Securities Limited
    Seasonality on account of extended summers and holiday season impacted the operating matrix of hospitals under our coverage in Q1FY24. While their business model is prone to such cyclicality, companies were able to safeguard their ARPOB while occupancy took a slight hit.
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