India Strategy Report
13/10/2025
Headwinds likely to wane off soon
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Narayana Hrudayalaya (NARH IN) – Q3FY25 Result Update – Good...
19 Feb 2025ABB India (ABB IN) – Q4CY24 Result Update – Strong...
19 Feb 2025Divgi Torqtransfer Systems (DIVGIITT IN) – Q3FY25 Result Update –...
18 Feb 2025Nazara Technologies (NAZARA IN) – Q3FY25 Result Update – Well...
17 Feb 2025Hindalco Industries (HNDL IN) – Q3FY25 Result Update – Balanced...
17 Feb 2025Kalpataru Projects International (KPIL IN) – Q3FY25 Result Update –...
14 Feb 2025Ipca Laboratories (IPCA IN) – Q3FY25 Result Update – EBITDA...
14 Feb 2025Crompton Greaves Consumer Electricals (CROMPTON IN) – Q3FY25 Result Update...
13 Feb 2025Siemens (SIEM IN) – Q1SY25 Result Update – Mixed Q1;...
13 Feb 2025Hindustan Aeronautics (HNAL IN) – Q3FY25 Result Update – Healthy...
13 Feb 2025Fortis Healthcare (FORH IN) – Q3FY25 Result Update – Strong...
12 Feb 2025Eicher Motors (EIM IN) – Q3FY25 Result Update – Lack...
12 Feb 2025NMDC (NMDC IN) – Q3FY25 Result Update – Strong NSR...
12 Feb 2025Navneet Education (NELI IN) – Q3FY25 Result Update – PAT...
10 Feb 2025Mahindra & Mahindra (MM IN) – Q3FY25 Result Update –...
10 Feb 2025Gujarat State Petronet (GUJS IN) – Q3FY25 Result Update –...
10 Feb 2025Oil India (OINL IN) – Q3FY25 Result Update – Production...
10 Feb 2025Bharti Airtel (BHARTI IN) – Q3FY25 Result Update – Tariff...
10 Feb 2025BEML (BEML IN) – Q3FY25 Result Update – Weak Q3;...
10 Feb 2025Rainbow Children’s Medicare (RAINBOW IN) – Q3FY25 Result Update –...
10 Feb 2025Finolex Industries (FNXP IN) – Q3FY25 Result Update – Margin...
11 Feb 2025Fortis Healthcare (FORH IN) – Q3FY25 Result Update – Strong...
11 Feb 2025Eicher Motors (EIM IN) – Q3FY25 Result Update – Lack...
11 Feb 2025Engineers India (ENGR IN) – Q3FY25 Result Update – Favorable...
11 Feb 2025NMDC (NMDC IN) – Q3FY25 Result Update – Strong NSR...
12 Feb 2025Zydus Lifesciences (ZYDUSLIF IN) – Q3FY25 Result Update – Guided...
06 Feb 2025GE Vernova T&D India (GVTD IN) – Q3FY25 Result Update...
06 Feb 2025Fine Organic Industries (FINEORG IN) – Q3FY25 Result Update –...
06 Feb 2025J.B. Chemicals & Pharmaceuticals (JBCP IN) – Q3FY25 Result Update...
06 Feb 2025Sunteck Realty (SRIN IN) – Analyst Meet Update – Stepping...
06 Feb 2025Lemon Tree Hotels (LEMONTRE IN) – Q3FY25 Result Update –...
06 Feb 2025ITC (ITC IN) – Q3FY25 Result Update – Cigarette volumes...
06 Feb 2025JSW Steel – Q3FY25 Result Update – Better quarter, but...
27 Jan 2025ICICI Bank – Q3FY25 Result Update – Asset quality remains...
27 Jan 2025The Beat – DCX Systems set for a booming upside!
02 Jan 2025The Beat – Suyog Telematics Limited
06 Dec 2024The Beat – Deepak Fertilisers and Petrochemicals Ltd
17 Sep 2024The Beat – Band, Baaja, Baarat & Markets
16 Sep 2024The Beat – New India Assurance
28 Jun 2024The Beat – Wired For Success
17 May 2024The Beat – Dive into water sector stocks
10 May 2024The Beat – Build Wealth With Birlas
25 Apr 2024Technical Forecast : Nifty continues to remain sluggish
20 Feb 2025Technical Forecast : Nifty ends flat; sentiment eases out
19 Feb 2025Technical Forecast : Nifty gripped near 23000 zone
18 Feb 2025Technical Forecast : Nifty sustains 22800 zone amid volatility
17 Feb 2025Technical Forecast : Nifty retests 22800 zone; ends below 23000...
14 Feb 2025Prepare yourself for the trading day with PL Podcast
28 Nov 2024Explore Open Calls
Find the right opportunities to grow your portfolio and achieve your financial goals
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20 Feb 2024
₹4,727
- Returns
Polycab has gained significant market share Domestically. driven by robust volume growth in domestic business, government & private capex, uptick in real estate
Read more-
20 Feb 2024
₹406
- Returns
Stable taxes and sustained volume growth in cigarettes, Strong profitable growth in FMCG and less than Industry multiples have led to strong sector outperformance.
Read more-
20 Feb 2024
₹451
- Returns
Strong sales growth and margin improvement; robust growth in export orders taking order book mix to 42/58% domestic/export (vs 57/43% at the end of Q1FY24).
Read more-
20 Feb 2024
₹443
- Returns
Divestment of non-profitable assets, improving case and payor mix, cost rationalization initiatives and new brownfield bed additions led to margin improvement in hospital segment. Bought additional stake in Agilus at an attractive valuations.
Read more-
20 Feb 2024
₹854
- Returns
Recent acquisitions have helped Eris scale up in revenues and deliver healthy margins. Successful integration and Strong execution of its key offerings have further aided performance.
Read more-
20 Feb 2024
₹512
- Returns
Continued strong performance from Novelis along with higher aluminium and alumina pricing which aided Indian operations, softer coal prices has helped Hindalco
Read more-
20 Feb 2024
₹3,115
- Returns
Led by improvement in yields and capacity expansion Indigo has witnessed a sharp rally in last 6 months.
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17 Feb 2025
₹1532
- Returns
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17 Feb 2025
₹12725
- Returns
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28 Jun 2023
₹715
- Returns
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12 Jul 2023
₹109
- Returns
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19 Apr 2023
₹384
- Returns
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01 Jun 2023
₹97.8
- Returns
Himatsingka Seide Ltd. is a vertically integrated global textile major that designs, develops, manufactures and distributes a suite of home textile products.
Read more-
24 Apr 2023
₹755
- Returns
Mazagon Dock Shipbuilders Limited, formerly called Mazagon Dock Limited, is a shipyard situated in Mazagaon, Mumbai.
Read more-
17 Feb 2025
₹45
- Returns
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17 Feb 2025
₹60
- Returns
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22 Feb 2024
₹8
- Returns
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12 Apr 2023
₹18
- Returns
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03 Feb 2025
₹26
- Returns
Our Research Team
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With over two decades of experience in the capital markets, Amnish Aggarwal brings a wealth of knowledge and expertise to his role. He joined PL in 2013 and leads a 30+ member research team.
Amnish is instrumental in generating investment ideas for institutional clients and preparing detailed research reports on result updates, sectoral, thematic trends, and other domestic and global events impacting the markets. His flagship India Strategy report, released twice quarterly, is highly sought after by industry veterans and investors.
He is known for his deep analytical skills and has a comprehensive understanding of companies spanning various sectors with an expertise in consumption-related sectors.
His contributions have earned recognition through rankings in Asiamoney and Institutional Investor, and he has been honored with the Starmine awards in 2009 and 2010.
Amnish holds a CFA qualification and is a Rank Holder in his Post Graduate Degree in Finance from the Institute of Chartered Financial Analysts of India (ICFAI)
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Swarnendu Bhushan is a seasoned professional with 23+ years of experience. He joined PL in 2023 as the Co-Head of Research.
He has extensive experience in equity research, oil & gas, and chemicals sector with in-depth understanding of upstream, downstream and gas utilities.
His expertise lies in his ability to identify and analyse global and domestic trends in the sector and providing valuable insights to clients for managing their equity investments effectively.
Swarnendu holds a B.Tech and M.Tech in Chemical Engineering from IIT Kharagpur and the National University of Singapore, respectively. He has also completed his MBA in Finance from the Indian School of Business (ISB), Hyderabad.
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Vikram Kasat leads the client and partner Advisory desk at PL. He has 13+ years of experience in equity research, portfolio management, and financial planning.
After joining PL in 2014, Vikram has been instrumental in scaling the advisory research desk, which provides tailored investment strategies that align with clients’ financial goals and risk profiles.
His expertise lies in conducting in-depth sector analyses and identifying lucrative investment opportunities for clients. He possesses a keen understanding of broader market trends and macro-economic issues, which allows him to offer valuable insights and actionable recommendations. His signature thematic report, The Beat, is highly sought-after by clients and industry veterans.
Vikram has completed his MBA in Finance from Chetana Institute Of Management & Research, and holds a bachelor’s degree in commerce.
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Vaishali Parekh brings over two decades of invaluable experience to her role as Vice President of the Technical Research Desk.
She joined PL in 2006 as a Trainee at the technical research desk and now leads this research vertical.
With a keen eye for detail and a deep understanding of market dynamics, Vaishali excels in analysing price charts, identifying patterns, and generating trading strategies across intraday, positional, and long-term horizons. Her timely calls have a consistently high strike rate and are relied upon by retail & HNI clients, institutional clients, and franchisee partners.
Vaishali has completed her graduation in commerce from RA Poddar college in Mumbai. She has also completed several courses, including the ones offered by BSE, as well as by technical analysis veterans Dr CK Narayan and Rahul Mohindar.
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Shilpa Rout heads the derivatives research desk. Since joining PL in 2018, she has consistently delivered exceptional results for clients with a balanced risk-return ratio.
She is known for her powerful trade calls and her ability to generate aggressive yet well-calculated outcomes. This ensures that her calls maintain a consistently high strike rate.
Under Shilpa’s leadership, the derivatives research desk shares daily, weekly, and thematic reports which are highly sought-after by traders. She also frequently conducts live market webinars, which provide invaluable guidance and actionable insights for aspiring F&O traders.
On the academic front, Shilpa holds an MBA from KIIT University.
PL’s Views in the News
PL Ringside View
Our fireside chat series where industry experts and top management share valuable insights for our clients
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Mark Mobius on India’s Growth, Global Markets, and Investment Opportunities
Watch now
₹100 cr net profit in 7-12 months | Anjali Nashier, Revolt Motors
Watch now
India's Path to Energy Security | Dr. Praveer Sinha, MD & CEO, Tata Power
Watch now
Maritime Amrit Kaal Vision 2047: Strategic Investments, Future Plans & More
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Suzlon Energy's journey in India's Renewable Transformation
Watch now
Unveiling the Solar Glass Industry: Borosil's Play in India's Solar Ascent!
Watch now
On the Fast Track: RVNL’s Ambitious Growth Journey
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Zero Account Opening Charges
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Access to a Wide Range of Investments
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Real Experiences, Real Results - Here’s what our clients and partner say about us
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Awards won by our research team
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MCX Awards 2022 Leading Member - Research
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Adjudged as one of India's Most Admired Brands 2017-18 by White page International
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Thomson Reuters Analyst Awards 2016 Winner
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#1 Broker by accuracy of call across Large, Mid & Small caps by Marketsmojo.com
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Chosen one of India's 50 Transformational Brands by IBRANDS
FAQs on Stock Market Research
Stock Analysts conduct in-depth research and analysis on publicly listed companies, industries, market trends, and the economic indicators to provide valuable insights and recommendations for investors. For this, stock analysts can use different types of research, including fundamental, technical, and quantitative analysis.
They evaluate financial statements, assess business models, technical indicators and charts to provide insights into the potential performance and valuation of stocks. Ultimately, their goal is to help investors make informed and data-backed decisions by identifying investment opportunities and risks in the stock market.
To research the share market, or individual stocks, different methods of research can be used such as fundamental, technical or quantitative research.
You can also combine different research styles and make informed investment and trading decisions to navigate the complexities of the share market.
- Fundamental Analysis: This involves analyzing a company’s financial statements, such as revenue, earnings, and cash flow, to assess the intrinsic value of a stock. You can also evaluate factors like industry trends, competitive positioning, and management quality to gauge a company’s long-term valuation.
- Technical Analysis: Here, you study past price and volume data to identify patterns and trends that may indicate future price movements. Charts and technical indicators are used to make predictions about stock behavior and timing entry and exit points.
- Quantitative Analysis: Here, you can use mathematical models and statistical techniques to analyze large datasets and identify opportunities. Algorithms can be developed that automatically execute trades based on predefined criteria.
Over and above this, analyzing economic factors such as interest rates, inflation and geopolitical events is crucial to assess the overall market sentiment and its impact on stock prices.
After becoming a PL client, you get access to all types of research and calls including fundamental, technical, commodities, currencies and derivatives for free.
We pride ourselves on our research and are voted as one of the best equity research houses in India. With access to PL’s research across various asset classes, investors can gain a competitive edge with superior performance.
As a beginner, you can start by studying the financial statements of a listed company. These are easily available online and will give you a fair idea of its performance. Use free online resources and stock screeners to identify potential investment opportunities. You should also seek guidance from experienced investors or financial advisors who can provide personalized advice and guidance based on your financial goals and risk tolerance.
If you wish to avoid the hassle, you can open an account with PL and as a PL client, you will also get access to our detailed fundamental and technical research reports. These reports will help you make informed investments.