Lead Equity Research Analyst Midcap

Intellectual Capital HR Consulting Pvt. Ltd.; Gurugram District; On-site; INR 2,500,000 - 5,000,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. is seeking a Lead Equity Research Analyst Midcap to anchor coverage of Indian midcap companies for the institutional desk in Mumbai.

You will build financial models, publish initiation notes and updates, and engage with institutional investors, aiming to generate differentiated ideas for alpha.

The role requires strong valuation skills, experience in Indian markets, and the ability to lead a small team and work under tight timelines.

Qualifications

• 5+ years of equity research experience in Indian markets.
• Experience covering midcap stocks with a stock-picking track record.
• Strong financial modelling and valuation expertise (DCF, relative valuation, scenario analysis).
• Established institutional client relationships preferred.
• Excellent written and verbal communication skills.
• CA / CFA / MBA (Finance) preferred.
• High ownership mindset and ability to work under tight timelines.

Responsibilities

• Lead coverage of midcap stocks across assigned sectors within Indian markets.
• Build and maintain detailed financial models, valuation frameworks, and earnings forecasts.
• Publish high-quality research reports including initiation notes, result updates, thematic reports, and sector pieces.
• Generate differentiated, alpha-generating investment ideas for institutional clients.
• Engage with domestic and foreign institutional investors through calls, meetings, and conference.
• Conduct channel checks, management interactions, and industry analysis to develop strong conviction.
• Coordinate with Sales & Trading teams to drive institutional engagement and idea dissemination.
• Mentor junior analysts/associates and oversee research quality standards.
• Track sector trends, regulatory developments, and macro factors impacting midcap companies.

Skills

Equity research

Financial modelling

Valuation

Communication skills

Midcap coverage

Leadership

Education

CA/CFA/MBA in Finance

Tools

Excel

Financial modeling tools

Job description

Lead Equity Research Analyst Midcap

Location: Mumbai
Team: Institutional Research Sell Side
Compensation: Open (Best in Industry)

Role Overview

We are looking for a seasoned Lead Equity Research Analyst Midcap to anchor coverage on Indian midcap companies for the institutional desk.

Key Responsibilities

• Lead coverage of midcap stocks across assigned sectors within Indian markets
• Build and maintain detailed financial models, valuation frameworks, and earnings forecasts
• Publish high-quality research reports including initiation notes, result updates, thematic reports, and sector pieces
• Generate differentiated, alpha-generating investment ideas for institutional clients
• Actively engage with domestic and foreign institutional investors through calls, meetings, and conference
• Conduct channel checks, management interactions, and industry analysis to develop strong conviction
• Coordinate with Sales & Trading teams to drive institutional engagement and idea dissemination
• Mentor junior analysts/associates and oversee research quality standards
• Track sector trends, regulatory developments, and macro factors impacting midcap companies

Candidate Profile

• 612 years of relevant experience in Equity Research (Sell Side preferred) covering Indian markets
• Proven experience covering midcap stocks with strong stock-picking track record
• Strong financial modelling and valuation expertise (DCF, relative valuation, scenario analysis)
• Established institutional client relationships preferred
• Excellent written and verbal communication skills
• CA / CFA / MBA (Finance) preferred
• High ownership mindset, intellectual curiosity, and ability to work under tight timelines