Independent
Equity Research

We analyse Indian mid-cap companies in depth and publish
independent articles & research reports to help investors make
informed decisions.

Latest Research

Healthcare Services
Oct 10, 2025

GPT Healthcare Limited

Regional Healthcare Dominance in Eastern India. The company operates five multi-specialty hospitals across West Bengal, Tripura, and Chhattisgarh, with a total bed capacity of 719 beds

Consumer Electronics
Sep 12, 2025

Electronics Mart India Limited

Regional retail dominance in India's consumer electronics market. DCF analysis suggests fair value assessment based on NCR expansion potential and same-store sales recovery.

Our Process

We keep our approach simple — find the right mid-cap companies,
study them thoroughly and publish research backed by clear valuation work.

1

Finding Companies

We focus on listed mid-caps by tracking news, future-facing sectors, and running fundamental screens. These companies are often overlooked but have strong fundamentals or unique positioning.

2

Going Deep

Once we select a company, we study it from the ground up — 10 years of financials, business model, management quality, competitive edge, and long-term sustainability.

3

Valuation

After completing our research, we publish a detailed article and a professional equity research report, including our full valuation models and calls.

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