Front Wave Research

Results

Yatharth Hospitals — positioned for the long game

01 Jun 2025·YATHARTH·Accumulate·Healthcare

Since we called it

₹977 at close

Called ₹525 · 01 Jun 2025YATHARTH: called at ₹525 on 01 Jun 2025, ₹977 at last close on 10 Sept 2026.

The print

Yatharth's tier-2/3 expansion strategy is intact. Near-term margin headwinds from new units are the cost of building the next leg — timing risk, not thesis risk.

Where we stand

Accumulate on weakness through the ramp quarters.

Front Wave Research LLP · SEBI Registered Research Analyst · INH000018407. This note is research, not investment advice. Investments in securities markets are subject to market risks. Read all related documents carefully before investing.