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

Nestlé India (NEST IN) | Channel Checks Suggest Outperformance May Continue

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.

Equity Bottom-Up

Our takeaways from attending <a href="https://www.smartkarma.com/entities/nestle-india-ltd" target="_blank" data-smartkarma-citation="entities:13101:1" rel="noopener">Nestle India (NEST IN)</a> 's virtual AGM reaffirms our bullish stance on the stock. We believe Nestle is one of the few staples that offer double-digit revenue growth visibility. 
Valuations are and shall remain expensive as they have always been, however, the recent underperformance due to the current high beta rally offers an attractive entry point for investors who have a longer investment horizon and are looking for a low beta position that can offer a high margin of safety to capital.
We also share some of the thoughts on why we still consider AGMs as an important source of alpha.

Our takeaways from attending Nestle India (NEST IN) 's virtual AGM reaffirms our bullish stance on the stock. We believe Nestle is one of the few staples that offer double-digit revenue growth visibility. 
Valuations are and shall remain expensive as they have always been, however, the recent underperformance due to the current high beta rally offers an attractive entry point for investors who have a longer investment horizon and are looking for a low beta position that can offer a high margin of safety to capital.
We also share some of the thoughts on why we still consider AGMs as an important source of alpha.

AGM Diaries | Nestle India - Recent Underperformance Offers an Entry Point