“Bullish on Park Medi World, setting a long-term target of ₹350. This outlook is driven by management's plan to expand capacity from 3,960 beds to over 10,000 beds by FY33, focusing on a cluster-based strategy in underserved North India markets. An improving payer mix (70% government, 30% private within 12-15 months) and rising ARPOB are also key growth drivers.”