Institutional Equity
Our Global Market Research team delivers high-end, value-added equity research on Indian equity markets to an acclaimed global clientele. Propped by vast domain knowledge and wide expertise tailored to the Indian and global environments, our analysts’ ahead-of-the-curve ideas and an entirely fresh approach towards large-caps provide the added edge.
Elara Capital has developed a client-focussed fundamental research model, with aptly designed products that easily and expeditiously dispense strategic investment ideas, spanning companies, sectors, industries and themes. At present, Elara analysts cover over 120 companies, traversing most of India’s high-growth areas. The 20-member acclaimed Global Markets Research team, located in Mumbai, is the crown jewel of Elara Securities (India) Pvt Ltd.
Our research is consistently ranked within the top-20, front lining various independent polls – Prominent among those being Asia Money’s Overall Country Research, Most Independent Research House, Materials, Energy, Mid-Caps, Small Caps and Capital Goods. Also, most analysts feature regularly in the Institutional Investor Survey as also in Thomson Reuters Starmine Rankings. Our analysts, economists and strategists have earned their stripes through timely, in-depth analysis of companies, industries, markets and global economies.
Company and Industry Research
Our focus has always been to identify large turning points within sectors and anticipate emerging themes in their green shoots. To this aim, our research leverages multiple tools and resources to assess the investment outlook, including industry contacts, supplier-customer surveys and public documents. The end objective is to add value to our clients, by sifting the right industry perspective. Our bottom-up stock picking is entirely focussed on identifying multi-baggers with a view to systematically calibrating risks-rewards.
Increased interdependence of markets across geographies, macroeconomic variables and news flow has made it almost mandatory to integrate global indicators into country, industry and stock-specific research. Thus, we expeditiously leverage our experience, global expertise, and specific calibres of the highly distinguished current and previous members of the Board of Directors to integrate their knowledge and opinion into our research on an ongoing basis.
Our Economists and Strategists collaborate closely with the Board to accurately interpret as also meaningfully forecast India’s major economic variables, aiding us in guiding investors in broader asset allocation and portfolio positioning.
As part of our value-adding focus, we also selectively facilitate interaction between our Board members and investor clients, to encourage the continuous exchange and flow of knowledge.
Our dedicated Derivatives desk operates independently to spotlight the most optimal trade ideas through integrating various parameters into their assessment methods. As Indian markets and investors mature, we are conscious of the need for holistic guidance, a strategy that has held our clients in good stead.
Apart from daily morning and evening updates that integrate our Derivatives insights with our view on global/Indian markets, our product basket includes several other more-focussed themes such as:
- Technical Snapshot
An assemblage of analysis on charts in vogue - Playbook
Sector-focussed themes - Options Trading Strategies
Our impeccable track record of successful trade ideas is evident in the fact that the largest trading desks depend and trade, based on them.
Elara provides advice on convertible bonds, offering valuable and easily comprehensible ideas to clients. The focus is currently on high-yield securities on account of our expertise in credit analysis. Our research coverage is not only far-reaching, spanning sectors such as Oil & Gas, Power, Commodities and Pipes to name a few, but also includes most of the universe. Our extensive corporate access provides clients with the ability to dialogue and collaborate with companies and management teams.
