Lead Equity Research Analyst Midcap

Intellectual Capital HR Consulting Pvt. Ltd.; Mumbai; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

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

You will lead coverage, build detailed models, and publish initiation notes and sector reports. The role requires a strong track record in midcap stock picking, advanced financial modelling and valuation, and the ability to engage with domestic and foreign institutional clients.

Qualifications

• 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

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

Skills

Equity Research

Midcap Coverage

Financial Modelling

Valuation

Education

CA

CFA

MBA Finance

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