Consumer Analyst / Channel Surveillance Specialist, Trudence Capital Advisors

Pranav Bhavsar

Pranav Bhavsar & the team at India Independent Insight (Iii), provide research on consumer companies operating or have exposure to in India. The research methodology focuses on carrying out on-the-ground channel surveillance/checks that include supplier/distributor/customer interactions, access to industry experts, and bespoke primary data sources that aid in providing unique insights and counter consensus ideas.  

Leveraging the team's forensic analysis along with channel surveillance, the team at Iii also aids investors in early identification of changing consumer trends, identification and quantification of accounting/governance risks, and the associated impact on the business model of the company.

Pranav has over 15 years of experience in the Indian equity market, and has worked with some of the global activists, long only and PE funds for their India projects. Prior roles also include building and leading an institutional sell-side desk. In his free time, Pranav is a traveler, biker, and a young Indian contributing to the country’s social and economic development.

Consumer Analyst / Channel Surveillance Specialist

Shankara: Is Its New Strategy a Major Goof?

Shankara Building Products: Some Shaky Building Blocks

Shankara Part II – Of Mirage And Puzzling Arithmetic

Shankara Building Products: Annual Figures Riddled with Loose Ends

ASA Capital Management

ASA Capital Management is a boutique Research and Investment Advisory firm focusing on primary research in India. ASA provides bespoke research services to Institutional Clients with a focus on due diligence backed with primary research, Field Trips & Channel Checks.

Shankara Building Products L (SHANKARA IN)

<p>Investors in <a href="https://www.smartkarma.com/entities/27268" target="_blank" data-smartkarma-citation="entities:27268:1">Shankara Building Products L (SHANKARA IN)</a> have been left high and dry. The stock has corrected ~71% from its all-time high of INR 2365. Held by many domestic and foreign marquee investors, Shankara seemed to be a preferred play in two exciting themes in India i.e. market share gains from unorganised to organised and retail consumption and was even dubbed India's "Home Depot" by some market participants. So what went wrong? Our visit to Shankara's stores in South India (excluding Karnataka, Shankara's home market), answers some of the questions that could give cues on the recent price correction that has taken place in the stock.</p>

Investors in Shankara Building Products L (SHANKARA IN) have been left high and dry. The stock has corrected ~71% from its all-time high of INR 2365. Held by many domestic and foreign marquee investors, Shankara seemed to be a preferred play in two exciting themes in India i.e. market share gains from unorganised to organised and retail consumption and was even dubbed India's "Home Depot" by some market participants. So what went wrong? Our visit to Shankara's stores in South India (excluding Karnataka, Shankara's home market), answers some of the questions that could give cues on the recent price correction that has taken place in the stock.

Shankara Building Products | Store Visits Answer Why the Sharp Correction in Stock Price