Mastering the Markets: Meet the 30 Leading Heads of Equity Research.

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Driving sustainable growth in the Indian financial landscape are visionary leaders of equity research who navigate market challenges and shape the future of equity research.

Rahul Singh (Chief Investment Officer – Equities, Tata Mutual Fund): With an exceptional academic pedigree including a bachelor’s from IIT-Bombay and a Master’s in Finance from IIM-Lucknow, Rahul Singh boasts a deep understanding of investment management and financial analysis. His tenure at reputed firms like CRISIL Limited, Citibank, and Standard Chartered highlights his analytical acumen, making him a leading professional in equity research.


Jaideep Goswami (Head of Equity, ICICI Securities): An alumnus of IIM Calcutta, Jaideep Goswami is renowned for his profound expertise in equity research spanning over 30 years. His tenure at top companies like JP Morgan and Chase, HDFC Securities, and UTI, coupled with his Managing Director role at Daiwa Capital Markets, underscores his pivotal insights and oversight of equity analysis.

Gautam Duggad (Head of Research – Institutional Equities, Motilal Oswal Finance Ltd.): Holding a Postgraduate Diploma in Finance from IIM Calcutta, Gautam Duggad is a reliable Equity Research Leader with over 16 years of experience. His expertise in equity, consumer markets, Retail, and FMCG has earned him widespread respect in the industry.

Vaibhav Shah (Equity Research Analyst, DSP Mutual Fund): A certified Finance expert with an MBA from NMIMS, Vaibhav Shah’s rigorous financial acumen is showcased in his contributions to top firms like Motilal Oswal Finance, ICICI, and Duff and Phelps. His projects addressing societal issues like Child Labour and Goodwill impairment further solidify his respected voice in the industry.

Aditya Suresh (Head – Equity Research, Macquarie Group): With an illustrious career trajectory, Aditya Suresh is a meticulous leader influencing the domain of Equity markets. His tenures at reputed organizations like Cognizant and Morgan Stanley attest to his crucial finance and analytical skills.

Anish Tawakley (Deputy CIO – Equity and Head Research, ICICI Prudential AMC Ltd.): A distinguished professional with education from premier institutes of India, Anish Tawakley’s strong background in financial and equity research gives him an edge in the industry.

Saurabh Handa (Director, Deputy Head – India Equity Research, Citigroup Global Markets): An excellent leader with expertise in Equity Research, Saurabh Handa’s strong understanding of economic indicators has been instrumental in uncovering insights and identifying lucrative investment opportunities.

Ashwin Mehta (Managing Director and Head of Equity Research, Ambit Private Limited): With over 25 years of experience, Ashwin Mehta’s deep understanding of Indian markets and brilliant analytical skills have earned him recognition among top analysts and investors.
Amnish Aggarwal (Head of Research, Prabhudas Lilladher Pvt. Ltd.): Amnish Aggarwal’s mastery in investment banking, Equity Valuation, and Capital Markets distinguishes him as a professional of the highest calibre in the industry.Vishal Goyal (Managing Director and Head of India Research, UBS): Vishal Goyal’s two decades of experience and undisputed skills and expertise make him a prominent figure in the equity domain.

Sonal Gupta (Head of Research – Equities, HSBC): With over 18 years of experience in the equity markets, Sonal Gupta’s keen analytical capabilities and dedication have propelled him through the ranks of leading financial companies.


Pramod Amthe (Head of Institutional Equity Research, InCred Capital): With two decades of experience spanning numerous sectors, Pramod Amthe’s meticulousness and passion for financial integrity make him an exceptional leader and analyst.

Deepak Jasani (Senior Vice President – Head Retail Research, HDFC Securities Ltd.): Deepak Jasani’s comprehensive education in Finance and Accounting, coupled with his strong understanding of auditing and tax planning, positions him as a strong contender among leading equity researchers.

Regan Firdosh Homavazir (Head of Equity Research, IndusInd Bank): With almost two decades of experience characterized by thorough market analysis, Regan Firdosh Homavazir is a renowned professional consulted for his profound views on market developments.

Mayuresh Joshi (Head – Equity Research India, William O’Neil, and Company): Mayuresh Joshi’s seasoned expertise in Operations and strategic insights, coupled with his public presence on leading News Channels, establishes him as a reputed name in equity research.

Nirav Asher (Head – Equity Research, Latin Manharlal Securities Pvt. Ltd.): An adept financial analyst with experience in Financial Modelling and private equity, Nirav Asher is also recognized as a beloved teacher, sharing his invaluable experiences with future generations.

Akshay Jain (Head of Equity Research and Risk, Samruddhi Investors Services Pvt. Ltd.): With a professional background including Deloitte and KPMG, Akshay Jain’s adeptness at business valuations and portfolio management solidifies his position as an exemplary professional.

Mehal Gupta (Equity Derivatives Head – Mahant Vanijya): Mehal Gupta’s multi-domain expertise in market strategy, financial analysis, and Entrepreneurship, coupled with roles at KPMG and EY, underscores her leadership in the field.

Shrikant Chouhan (Executive VP and Head of Equity Research, Kotak Securities): With over 26 years of experience and over 2000 features on top TV channels, Shrikant Chouhan is an admired voice among consumers of business content.

Saion Mukherjee (Head of Equity Research, Nomura Securities): Saion Mukherjee’s expertise in equity and business strategy, combined with his experience at different asset management and financial services companies, positions him uniquely in equity research.

Girish Nair (Head – Equity Research Publishing, BNP Paribas): With over 21 years of industry experience, Girish Nair’s strong financial acumen and mastery in various areas demonstrate his unwavering commitment to the field.

Raunak Onkar (Research Head and Co-Fund Manager, PPFAS Mutual Fund): Raunak Onkar’s expertise in portfolio management, equity research, and asset management, coupled with his strong professional network, solidifies his position as a visionary professional.

Surendra Goyal (MD and Head of India Research, Citi): With over 18 years of experience, Surendra Goyal’s excellent financial expertise and top-of-the-line investment advice leave the community impressed with his brilliance.

Paras Matalia (Fund Manager and Head of Research, Samco Mutual Fund): Paras Matalia’s talent in research, market analysis, and portfolio management, coupled with his innovative frameworks, position him as a humble yet talented leader.

Yogesh Aggarwal (Managing Director – Equity Research, HSBC): With a Master’s from the prestigious Indian School of Business, Hyderabad specializing in Finance, Yogesh Aggarwal brings over 18 years of Equity Research experience to the table. His innovative approach towards different sectors through various research articles has been widely published and appreciated.

Shibani Sircar Kurian (Senior EVP, Fund Manager, Head – Equity Research, Kotak Mutual Fund): Shibani’s equity research journey began at UTI Mutual Fund, where she managed equity funds. Her proficiency in financial analysis, ESG Research, and portfolio management makes her an invaluable asset to her current company, Kotak Mutual Fund, where she has held multiple crucial leadership positions.


Pragnya Pattnaik (Director, Head – Equity Research, Sutherland Bank Limited): With over 15 years in the Indian capital markets, Pragnya Pattnaik’s experience ranges from financial modelling to valuation techniques. Her unique financial acumen and track record of delivering high-quality, actionable financial insights to clients make her a sought-after professional.

Harish Chadda (Head Equity Research, J P Financial and Investment Services): Harish Chadda’s expertise lies in Retail Banking, Capital Markets, and Portfolio Management. His impressive financial command helps uncover undervalued and overvalued stocks, characterized by meticulous attention to detail and a strong focus on financial integrity.

Jyothish Vijayan (Equity Research Analyst – Algorithma): With experience as an Equity Research Analyst at Motilal Oswal, Jyotish Vijayan has proven expertise in client analysis, financial insights, and investment report development. His passion for detail-oriented research distinguishes him as a committed financial analyst.

Mukund Thakkar (Head – Equity Research Desk, Canara Bank): With a strong background in Banking and Finance from the reputed IIBF, Mumbai, Mukund Thakkar is a certified market dealer with managerial experience at Canara Bank. His array of equity services, including market updates, financial reports, and investment advice, adds value to the institution.
These 30 distinguished professionals collectively bring a wealth of knowledge and experience to their roles as heads of equity research, driving their respective firms towards informed and strategic investment decisions. Their impressive educational backgrounds, extensive careers, and unwavering commitment to excellence in equity research and financial analysis make them indispensable assets to the Indian finance landscape.

Disclaimer: The selection process for candidates in this news article involves rigorous evaluation by researchers, considering parameters such as industry influence, online reputation, experience, contributions, education, accolades, and followership. However, subjective criteria may lead to outcome variations, and assessments may not capture every aspect of candidates’ profiles. Selection as winners does not imply endorsement or guaranteeing future performance. Feedback is welcomed for process enhancement as we continuously strive to improve our evaluation methods.

This article is written by Mahesh Kumar Singh, Research and Analytical Manager with IST

 

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