Thematic (Sector/Industry)

Macroeconomics

Actionable bottom-up long/short Insights on equities

Equity Bottom-Up

Analysis of new equity issuance (IPOs, Placements)

Equity Capital Markets

Deep-dive assessments of company accounting irregularities

Forensic Accounting

Analysis of unicorns, and other large, disruptive private companies

Private Capital Markets

India

United States

Canada

Mexico

Bermuda

Panama

China

Cayman Islands

Vedanta Limited mines, produces, and exports base metals. The Company mines and distributes metals such as zinc, iron ore, copper, silver, and aluminium, as well as operates power plants. Vedanta markets its products worldwide.

Maruti Suzuki India Limited manufactures and exports automobiles. Maruti collaborated with Suzuki of Japan to produce affordable cars for the average Indian.

National Aluminium Co. Ltd. is an integrated aluminum manufacturer. The Company mines for bauxite, refines bauxite into aluminum and manufactures and sells aluminum and aluminum products. National Aluminium Company's products include bauxite, aluminum hydrate, calcined aluminum, aluminum ingots and aluminum wire rods, as well as electricity which is generated for captive consumption.

Prakash Industries Limited manufactures steel, ferro alloys, and PVC pipes. The Company exports iron ore and silico manganese.

Pearl Global Industries Limited is a multinational apparel company. The Company manufactures, markets, distributes, and sources a wide range of apparel products.

Steel Strips Wheels Limited manufactures single piece steel wheel rims for scooters, passenger cars, utility vehicles and tractors.

Indo Count Industries Ltd is an India based manufacturer and exporter of cotton yarn and knitted fabrics in both greig and dyed form.

Rashtriya Chemicals and Fertilizers Limited manufactures and markets, both domestically and abroad, a wide range of products via two divisions: Fertilizers and Industrial Products.  Products include ammonia/urea, formic acid and carbon dioxide and hydrogen peroxide.  The Company also has purge gas operations, which recover ammonia, hydrogen, methane and argon from its ammonia production plants.

Gokaldas Exports Limited designs, manufactures, and sells a range of garments for men, women, and children.  The Company caters to the needs of several international fashion brands and retailers.

Reliance Industries Ltd. manufactures petrochemicals, synthetic fibers, fiber intermediates, textiles, blended yarn and polyester staple fiber. The Company also owns a petroleum refinery cum petrochemicals complex in Jamnagar, India that produces a wide range of products such as gasoline, superior kerosene oil and liquefied petroleum gas.

Viral Kishorchandra Shah
Partner at Exencial Research
• Exencial Research

Summary

Areas of Expertise