Forensic Analyst, Trudence Capital Advisors

Nitin Mangal

Nitin Mangal is a Research Analyst 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 newspapers such as Wall Street Journal, Business Standard etc

Forensic 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

Forensic Accounting

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<li>
<a href="https://www.smartkarma.com/entities/axiscades-engineering-technologies-ltd" target="_blank" data-smartkarma-citation="entities:17314:1" rel="noopener">Axiscades Engineering Technologies (AXET IN)</a> provides comprehensive engineering and technology solutions for global manufacturers in diverse sectors such as aerospace, defence, automotive, energy, electronics, and heavy engineering. </li>
<li>The acquisition of Mistral Solutions using deferred consideration has helped the group grow its turnover and net profit during the last six years </li>
<li>Our concerns stem from the current vacuum in top management due to exits of senior personnel in spite of high remuneration levels, risk of goodwill impairment, few questionable transactions, etc.</li>
</ul>



Axiscades Engineering Technologies (AXET IN) provides comprehensive engineering and technology solutions for global manufacturers in diverse sectors such as aerospace, defence, automotive, energy, electronics, and heavy engineering. 
The acquisition of Mistral Solutions using deferred consideration has helped the group grow its turnover and net profit during the last six years 
Our concerns stem from the current vacuum in top management due to exits of senior personnel in spite of high remuneration levels, risk of goodwill impairment, few questionable transactions, etc.


Axiscades Technologies Ltd- Forensic Analysis

AXISCADES

Axiscades Technologies Ltd- Forensic Analysis