Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Nitin is founder of Trudence Capital with more than 15 years of experience in Indian equities. He is Pioneer of Corporate Governance and Accounting Research in Indian Market and has successfully developed product for Institutional Investors named as "Analysis Beyond Consensus" during his association with Edelweiss Securities Ltd, Mumbai.  Later during the career, he has worked with Veritas Investment Research Corporation, Canada as Asia Consultant covering Indian and US equities. He has been profiled by leading financial news papers such as Wall Street Journal, Financial Times, Business Standard etc.

Indian Accounting Research Analyst

Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

Thematic (Sector/Industry)

India Consumer staples / Thematic (Sector/Industry)

<ul>
<li>The Directorate General of Foreign Trade earlier this week had announced curbs on sugar exports, capping them to 10 million tonnes (MT) for the current season.</li>
<li>Curbs on sugar follows the restrictions on wheat; these moves are to control the expected inflation and to save some availability for domestic consumption.</li>
<li>The decision however will not have any structural impact on the sugar sector given the consumption and production data. All reaction seen in the market is rather sentimental in nature.</li>
</ul>


The Directorate General of Foreign Trade earlier this week had announced curbs on sugar exports, capping them to 10 million tonnes (MT) for the current season.
Curbs on sugar follows the restrictions on wheat; these moves are to control the expected inflation and to save some availability for domestic consumption.
The decision however will not have any structural impact on the sugar sector given the consumption and production data. All reaction seen in the market is rather sentimental in nature.


Indian Sugar Industry: Sentimental Drift