Stock Broking

Centrum Broking is a full service brokerage house offering broking services to Institutional and Non-Institutional investors. It offers advisory and execution platforms for Equities and Derivatives and is a member of the following stock exchanges:
            National Stock Exchange (Cash & Derivatives Segment)
            Bombay Stock Exchange (Cash Segment)
We offer demat services in a seamless manner and are a Depository Participants with Central Depository Services Limited (CDSL). Centrum Broking has a highly acclaimed institutional desk with expertise in servicing institutional investors such as FIIs, Pension Funds, Indian Mutual Funds, Domestic Institutions and Proprietary Funds of large corporate houses. Our non-institutional investor segment focuses on High Net worth Individuals and Corporates. Our client-centric approach enables us to offer customised products and services that meet your investment needs.

Leadership Team

  • Nischal Maheshwari

    CEO - Institutional Equities & Advisory

  • Paresh Shah

    MD - Institutional Equities (Sales Trading)

Institutional Research
  • Institutional Research

    Our research division is engaged in industry and company-specific equity research, with a focus on the midcap segment, even though our broad spectrum of research covers mainstream companies as well. The research division is led by a 15-member core team comprising of experienced analysts who create sustainable, selective and scalable reports for our institutional clients.

    Various fund managers have accorded a high ranking to our in-depth research insights which have limited coverage in the otherwise conventional market.

    Our Research Philosophy

    We have always laid thrust on identifying niche businesses through differentiated and value added research. We have proven capabilities in identifying successful midcap stories left in obscurity and companies which are difficult to cover. Quality and scalability of the business of our clients remain our prime concern followed by liquidity. Over the past few years, we have created immense value for our stakeholders by identifying undervalued companies, owing to our fundamental research proficiency. We invest considerable time in carrying out ground-level research and conducting lateral checks apart from understanding the finer nuances of company businesses.

    Our Methodology

    Our stock identification strategy is based on a stringent evaluation process. This includes:
    • Niche undiscovered ideas -relatively obscure stocks or those not being covered regularly on the street

    • Businesses generating real earnings- operating sustained cash-flows without any compromise

    • Businesses that can bounce back positive free cash-flow from a present crisis. Those with strong possibilities of cash-flow turnaround. Key economic parameters like efficiency of capital

    • ROE/ROCE assume critical importance in the selection of businesses for our coverage. Businesses with sustainable competitive advantages and leadership positions

    • Growth is not the sole factor for us to own equity in a business. We do not aim to cover astounding stories trading at high multiples

    • Valuation is the key enabler in deciding our coverage. Several valuation methodologies are evaluated by us, though we may eventually choose only one

  • Institutional Reports

    • Q1 FY18 Results Preview

      The first quarter earnings are expected begin on a sombre note with GST implementation having a bearing on earnings.

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    • Cement Sector Update

      Our pan-India channel checks with cement dealers across 60 cities indicate that good monsoon progression largely moderated demand on MoM

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    • Symposium on National Steel Policy

      Symposium on National Steel Policy – Unfolding of 300 MT
      steel vision – Key Takeaways

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