Equity L/S Analyst | Forensic Accounting | India, Yellowstone Equity

Ankit Agrawal, CFA

I possess investment research experience across asset classes and geographies, acquired at Investcorp (New York) and Howe & Rusling (Rochester). At Investcorp, an alternative asset manager, I was part of an investment team managing >$1bn in discretionary client assets. I was also a member of investment recommendation, monitoring, cross-asset strategy and macro outlook committees that met periodically for investment decisions and top-down views. At Howe & Rusling, a long-only asset manager, I helped cover US large-cap equity investments across sectors for growth and income focused portfolios as well as assisted in managing a US small-cap growth focused equity portfolio. I possess an MBA in finance and corporate accounting from University of Rochester in US, a CFA Charter, and an Engineering degree from Indian Institute of Technology Bombay in India.  

My current focus is L/S equity fundamental research across market cap and sectors with an eye on corporate governance and forensic accounting. I am currently based in India and my current coverage universe is biased towards India.

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Regulatory Disclosure: Note that Ankit Agrawal (Proprietor of Yellowstone Equity) is a SEBI registered Research Analyst (Registration No.: INH000007216). Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Research Analyst Contact Details -
Address: A-602, Titanium Business Park, Makarba, Ahmedabad - 380051 |
Email: services@yellowstoneequity.com |
Mobile: +91-7575817289

Compliance/Grievance Officer -
Name: Ankit Agrawal |
Email: services@yellowstoneequity.com |
Mobile: +91-7575817289
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Equity L/S Analyst | Forensic Accounting | India

Titan Co Ltd (TTAN IN) | Fading Tailwinds, Potential Disappointment Lies Ahead

Titan (TTAN IN) | Interaction with Watch Store Franchisees

Titan (TTAN IN) | Jewellery Margins Surprise

Titan | Takeaways from Interaction with a Tanishq Franchise Store Owner

Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/titan-co-ltd" target="_blank" data-smartkarma-citation="entities:12630:1" rel="noopener">Titan Co Ltd (TTAN IN)</a> reported its Q3FY21 earnings. It reported strong growth in Jewelry sales for the quarter. January (Jan) sales growth is even higher, suggesting strong recovery momentum in place. Titan has been also making transformational changes in the Eyewear business to turn it around. This seems to be working with losses reducing over the past few quarters.</p>

Titan Co Ltd (TTAN IN) reported its Q3FY21 earnings. It reported strong growth in Jewelry sales for the quarter. January (Jan) sales growth is even higher, suggesting strong recovery momentum in place. Titan has been also making transformational changes in the Eyewear business to turn it around. This seems to be working with losses reducing over the past few quarters.

Earnings Update | Titan: All that Glitters Is Gold