Research

Centrum Wealth Research

“…to present the important facts regarding a stock or bond issue, in a manner most informing and useful to an actual or potential owner, and to reach dependable conclusions, based upon the facts and applicable standards, as to the safety and attractiveness of a given security at the current or an assumed price.” Benjamin Graham, David L. Dodd, Security Analysis: Principles and Technique, 1934

At Centrum, we focus on generating investment ideas in the listed equity space. The focus is on the emerging space – companies which have the potential to become the next leaders in their respective domains and at the same time being available at the right valuations. We follow the concept of “GARP” – Growth At A Reasonable Price

We strive to provide quality advice on the companies we cover. Our focus is to identify companies with good growth, healthy financials and long term sustainable businesses. At the same time, avoid companies with poor corporate governance/low management quality. We follow the industry best practices in doing our research with detailed financial modelling, management meetings and channel checks to validate our thesis.

Our research has been recognised as one of the Best Fundamental Research by Zee Business.

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2016 – In Numbers: What Lies Ahead…?

2016 ended with broadly flat return for equity Indices though there was high volatility during the year. The year started with a downward slide led by global developments and then recovering…

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Commodities – Heading Higher?

After weathering a rough storm, the commodity basket has started to move up. The Bloomberg Commodity Index, which was down ~25% in calendar year 2015, has bounced back…

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Capital Raising – Private and Public Sector Banks

BFSI (Banking & Financial Services Industry) is a sector whose raw material is money. It is obvious that these businesses will need money on an ongoing basis to continue to grow…

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The Changing Face of DTAA – Impact on Indian Equities

It’s the start of an era. India’s decision to amend a few key clauses in the 3 decades old Double Taxation Avoidance Agreement (DTAA) it had signed with Mauritius…

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Corporate India on Sale

Is it the first time or has this been the case earlier as well…

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Performance of New Equity Issues in FY16

Despite market volatility and a negative return of 9.4% on the S&P BSE Sensex, financial year 2015-16 (FY16) saw good participation in new equity issuances.

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