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

Edelweiss: The Blossoming Is About to Happen!

Edelweiss: A Deal Is Likely by 2H of July

Edelweiss - A Turnaround Idea: Shifting from Fund-Based to Fee-Based Business Model

Private Credit Opportunities in Emerging Markets - Focus on India

Equity Bottom-Up

Edelweiss Financial Services / Equity Bottom-Up

Edelweiss' [<a href="https://www.smartkarma.com/entities/edelweiss-financial-services-ltd" target="_blank" data-smartkarma-citation="entities:15015:1" rel="noopener">Edelweiss Financial Services (EDEL IN)</a>] stock has been under significant overhang over the past one and half years as discussed in our prior insight <a href="https://www.smartkarma.com/insights/edelweiss-a-turnaround-idea-shifting-from-fund-based-to-fee-based-business-model" target="_blank" data-smartkarma-citation="insights:35488" rel="noopener">Edelweiss - A Turnaround Idea: Shifting from Fund-Based to Fee-Based Business Model</a>. Since the aforementioned insight (published at the end of Dec 2019), the stock has undergone further correction led by some new and some accentuated existing overhangs.
Despite the recent correction and weakness in quarterly earnings, we maintain our positive outlook on the robustness of Edelweiss' fundamentals. With its strong balance sheet, right strategy and vision, Edelweiss is poised to realize its full potential over time.
In the below insight, we discuss a few overhangs on the stock and then go on to highlight our robust medium-term fundamental outlook on the business that gives us conviction to remain optimistic on the stock.

Edelweiss' [Edelweiss Financial Services (EDEL IN)] stock has been under significant overhang over the past one and half years as discussed in our prior insight Edelweiss - A Turnaround Idea: Shifting from Fund-Based to Fee-Based Business Model. Since the aforementioned insight (published at the end of Dec 2019), the stock has undergone further correction led by some new and some accentuated existing overhangs.
Despite the recent correction and weakness in quarterly earnings, we maintain our positive outlook on the robustness of Edelweiss' fundamentals. With its strong balance sheet, right strategy and vision, Edelweiss is poised to realize its full potential over time.
In the below insight, we discuss a few overhangs on the stock and then go on to highlight our robust medium-term fundamental outlook on the business that gives us conviction to remain optimistic on the stock.

Edelweiss: Stock Under Pressure from Overhangs, but Medium-Term Fundamentals Remain Robust