In-House Research

Almost every imaginable sector and part of the economy is represented via multiple companies listed on the stock exchanges in India. However, of the more than 6,000 companies listed on the Indian stock exchanges, only two hundred companies have consistent research coverage by more than one high quality brokerage firm.

• The researched and discovered part of the market consists of companies that are liquid, trade at premium valuations and have high institutional ownership (especially foreign).

• The under-researched and undiscovered part of the market consists of companies that are overlooked, misunderstood, trade at discounted valuations, and have poor institutional ownership.

To counter this information asymmetry, we have our own research team that generates ideas from both conventional methods such as industry and financial screeners as well as networking with business executives, research analysts and others with deep knowledge of the Indian markets. We then evaluate these ideas by meeting with management teams and assessing the company’s fundamentals, scope of operations and potential to scale.

Learn more about our investing philosophy.