Equity Research Analyst (Sell-Side – Institutional Desk)

Position: Equity Research Analyst

Location: Mumbai

Experience: 4–10 Years

Industry: Broking / Institutional Equities / Capital Markets

Role Overview

We are hiring Equity Research Analysts for the Institutional Equities Desk across multiple sectors. The role involves conducting fundamental research on listed companies, building financial models, publishing research reports, and supporting institutional clients with actionable investment insights.

The ideal candidate should possess solid analytical capabilities, excellent understanding of financial statements and valuation methodologies, and the ability to independently track companies and sectors.

Key Responsibilities
Conduct detailed fundamental research on listed companies and sectors
Build and maintain financial models, earnings forecasts, and valuation frameworks
Prepare initiation reports, result updates, sector reports, and thematic research notes
Track quarterly earnings, management commentary, industry developments, and market trends
Interact with company management teams, industry participants, and channel partners
Generate investment ideas and actionable recommendations for institutional clients




Support sales teams and institutional clients with research insights and market updates
Monitor sector developments, regulatory changes, and macroeconomic trends
Maintain databases, financial projections, and research documentation

Sector Coverage Hiring across multiple sectors including:
Banking & Financial Services
Consumer / Retail / FMCG
Pharma & Healthcare
Auto & Auto Ancillary
Industrials / Capital Goods
Cement & Infrastructure
Technology / Internet
Chemicals
Oil & Gas
Metals & Mining

Candidate Requirements
4–10 years of relevant Equity Research experience
Prior Sell-Side / Institutional Research experience preferred
Solid understanding of
Financial Statement Analysis
Valuation Methodologies
Financial Modeling
Equity Markets
Ability to independently cover companies and sectors
Robust report writing and communication skills
Proficiency in Excel, PowerPoint, and financial databases
CFA / CA / MBA (Finance) preferred

Compensation Compensation will be competitive and aligned with market standards based on experience, sector expertise, and current compensation.

📌 Equity Research Sell Side Analyst Delhi
🏢 Intellectual Capital HR Consulting
📍 Delhi