Institutional Equities

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)

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.

Kenin Jain is a seasoned finance professional with over 19 years of experience in Indian equities.

His expertise lies in valuation analysis and identifying mispriced investment opportunities. He has rich corporate relationships and excels in adding significant value to FII & DII portfolios through his investment theses and recommendations.

Before joining PL, Kenin worked as Senior Group Vice President of Institutional Equities with Motilal Oswal Financial Services. He also headed sales at Emkay Global Financial Services and worked with US-based Voyager Investment Advisors.

On the academic front, Kenin is a commerce graduate and a qualified Chartered Accountant and an MBA from the prestigious University UPES, Dehradun

Rohan Karnani has overall work experience of more than 20 years.

After joining PL in October 2021, Rohan has been driving the operations of the entire Institutional Equities department. He believes that teamwork is the best way to make structural and sustainable progress. Over the years, his acumen and work ethics have helped him build a great rapport with not just clients but also with various corporates.

Rohan’s strength is bottoms up idea generation. With a fundamental style of broking, his focus is to add value to the portfolio of a fund manager.

Before joining PL, Rohan was the Director - Institutional Equity Sales at Haitong Securities in Singapore. In this role, he was responsible for Pan-Asia Equity (Japan, Taiwan, Korea, HongKong, China, India) sales to clients based in Singapore. He also provided strategic inputs and helped the firm sail through a financial crisis in 2015.

Prior to that, Rohan worked with JM Financial Institutional Equities for 6 years. Here, he was a part of the team that was involved in several prominent IPO’s, QIP's and large size block deals. Rohan has also worked with BPL Mobile Communications and Finolex Cables.

On the academic front, he has completed his MBA.

Rajesh Chougule brings over 30 years of experience in Institutional Equity Business.

His expertise spans across a mix of equity sales & sales trading, getting an edge of managing relationship with Head of Equities, FMs & Traders.

He has previously worked at Motilal Oswal Financial services, Nirmal Bang Institutional Equities, Emkay Global Financial Services.

In his previous role, he held the position of Senior Vice President at Motilal Oswal Financial services.

He holds an Engineering Diploma in Industrial Electronics and is a certified Systems Analyst.