Equity L/S Analyst | Forensic Accounting | India, Yellowstone Equity

Ankit Agrawal, CFA

I possess investment research experience across asset classes and geographies, acquired at Investcorp (New York) and Howe & Rusling (Rochester). At Investcorp, an alternative asset manager, I was part of an investment team managing >$1bn in discretionary client assets. I was also a member of investment recommendation, monitoring, cross-asset strategy and macro outlook committees that met periodically for investment decisions and top-down views. At Howe & Rusling, a long-only asset manager, I helped cover US large-cap equity investments across sectors for growth and income focused portfolios as well as assisted in managing a US small-cap growth focused equity portfolio. I possess an MBA in finance and corporate accounting from University of Rochester in US, a CFA Charter, and an Engineering degree from Indian Institute of Technology Bombay in India.  

My current focus is L/S equity fundamental research across market cap and sectors with an eye on corporate governance and forensic accounting. I am currently based in India and my current coverage universe is biased towards India.

-------------
Regulatory Disclosure: Note that Ankit Agrawal (Proprietor of Yellowstone Equity) is a SEBI registered Research Analyst (Registration No.: INH000007216). Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Research Analyst Contact Details -
Address: 5184, Dolatganj Bajar, Ankit Hospital, Dahod (Gujarat) - 389151 |
Email: services@yellowstoneequity.com |
Mobile: +91-7575817289

Compliance/Grievance Officer -
Name: Ankit Agrawal |
Email: services@yellowstoneequity.com |
Mobile: +91-7575817289
-------------

Equity L/S Analyst | Forensic Accounting | India

India: Defense Privatization | Nod to Transfer Missile Technology to Private Firms

India: Defense Privatization | Private Players Awarded Key Projects

India: Defense Privatization | Yet Another Leap Forward

Creating Wealth through Alpha and Compounding

Yellowstone Equity

Providing unbiased and independent research on Indian equities to global institutions and individual investors


-------------
Regulatory Disclosure: 
Note that Ankit Agrawal (Proprietor of Yellowstone Equity) is a SEBI registered Research Analyst (Registration No.: INH000007216). Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Research Analyst Contact Details:
Address: A-412, Shilp Aaron, Sindhu Bhavan Road, Ahmedabad, Gujarat - 380059
Email: services@yellowstoneequity.com
Mobile: +91-7575817289

Compliance/Grievance Officer:
Name: Ankit Agrawal
Email: services@yellowstoneequity.com
Mobile: +91-7575817289
-------------

Thematic (Sector/Industry)

India Aerospace and defense / Thematic (Sector/Industry)

<ul>
<li>India recently completed 100% indigenization in manufacturing of the AK-203 rifle. All the components and raw materials are now being sourced and manufactured locally vs just 25% indigenization 2Y ago.</li>
<li>AK family rifles are an advanced assault rifles that have been replacing legacy INSAS infantry rifles. AK-203 rifle being the latest iteration is comparable to modern western rifles like HK416.</li>
<li>Successful test-firing has been already done at the manufacturing facility and formal trials are expected to begin soon. This is a major step forward towards India's self-reliance in small-arms segment.</li>
</ul>


India recently completed 100% indigenization in manufacturing of the AK-203 rifle. All the components and raw materials are now being sourced and manufactured locally vs just 25% indigenization 2Y ago.
AK family rifles are an advanced assault rifles that have been replacing legacy INSAS infantry rifles. AK-203 rifle being the latest iteration is comparable to modern western rifles like HK416.
Successful test-firing has been already done at the manufacturing facility and formal trials are expected to begin soon. This is a major step forward towards India's self-reliance in small-arms segment.


India: Defense Privatization | AK-203 Rifle Completely Indigenized