
Avinnash Gorakssakar
Asst Equity Analyst

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About me
Head Of Research at Profitmart securities
Education

BPM High School
1980 - 1981BCOM Finanace FinanceActivities and Societies: Was in to Theatre, and Workshop participation
Experience

Prabhudas Lilladher Pvt Ltd
Apr 1987 - Oct 1989Asst Equity AnalystAs an Asst Equity Analyst, I was mainly involved in analyzing company balance sheets and tracking select industries/sectors and preparation of stock recommendations to various institutional & retail clients. During my tenure I was also given independent charge of handling certain high networth clients for both research and marketing after an initial period of one year.

Business India Group Publications
Nov 1989 - Apr 1991Corporate AnalystAs the Corporate Analyst, my job profile included analyzing company balance sheets, interacting with the editorial staff in providing financial inputs, conducting plant visits, and analyzing important corporate events meant for proposed coverage in the Magazine. During my tenure I also had the opportunity of working for the first Business India Super 100 Company project which ranks corporates on different financial parameters.

Kotak Mahindra Finance Limited
Apr 1991 - Aug 1995Asst Manager (Research)As an Asst Manager (Research), my job profile included tracking the Auto and Auto components sector for our Institutional stock broking division. I was also involved with investment banking proposals relating to my sectors introduced by the Corporate Finance & Merchant Banking divisions of the company. This involved analyzing & evaluating credit (Both long term and short term ) and equity proposals.

Fortune Financial Services (I) Limited
Oct 1995 - Sept 1998Asst Vice President (Research)As the Asst Vice President (Research), I was responsible in setting up the Equity Research Dept at Mumbai for the Institutional Team, train a core team of research analysts, maintain a comprehensive information database on corporates and providing proactive inputs to the firms stockbroking division in the form of sectorial studies and stock valuations & ratings. Additionally I was also responsible for procuring business, giving vital information leads to user departments and benchmarking risk parameters and credit evaluation norms for the Corporate Finance division. Show less

Emkay Shares & Stock Brokers Pvt Ltd
Jan 1999 - Sept 2003Senior Research AnalystAs the Senior Analyst for the Institutional Equity Team, I was responsible in actively tracking the Domestic Automobile and Auto Component sector which included generating Research Reports, Visit Notes and preparing Quarterly Updates on companies present in our Tracking List where we speak to the management/competitors on a regular basis. Additionally my job also involved meeting several fund managers from both private and public sector funds where in I was responsible for setting up an effective communication channel for them with existing corporates to enable getting fresh business and building the existing relationships stronger. Show less

IL & FS Investsmart Ltd
Sept 2003 - Sept 2004Senior Research AnalystMy work here was to extensively track the Auto and Auto Parts companies covered in the Institutional Equity Universe. Also ensure that existing corporate relationships are leveraged upon to build strong client interaction platforms both via one to one meetings, conference calls and investor meets/conferences

Kotak Securities Ltd
Sept 2004 - May 2006Senior Research AnalystMy job here was to track the Auto and Auto Parts companies covered in the PCG Group. Also to ensure that on an ongoing basis identify stock ideas within my sectors especially the midcap space which offer size and scalability possibiities in future and look beyond already discovered stocks. Alternatively I also continued to track front line OEMs in the Automobile space for our existing clients

Emkay Shares & Stock Brokers Ltd
Jun 2006 - May 2007Head Research Private Client GroupAt Emkay Private Client Group, I was responsible in actively providing research inputs and ideas to the Branch and Franchisee network and also service the PMS Desk. I was leading a team of 7 Research analysts which collectively used to track around 74 companies covering sectors like Auto, Auto Components, IT, Media, Cement, Hotels, Retail, Construction, Capital Goods, Power Equipment and EngineeringHaving started the PCG Research Department from Inception and supported the retail network of the company ably to service its retail customers. Also conducted several Investor meets to boost business volumes and build a motivated franchisee/partner team. Show less

Reliance Money Limited
May 2007 - Dec 2009Head ResearchMy job at Reliance Money was largely conducting Research across Equities. Also built an universe of over 55 corporates here through primary research efforts and providing excellent servicing support to the sales teams and HNI clients. More importantly have produced timely fundamental stock picks and technical inputs which helped retain clients loyalty consistently.Also conducted over 20 investor Meets pan india to support the sales team and driving business through properly focused research initiatives and new customized product offerings. Also was responsible to ensure that communications channels between Research and Sales teams was seamlessly put in place through proper systems and process put in place. This lead to higher productivity and effectively made our in house Research heard and effectively utilized by sales teams with clients. Show less

Edelweiss Financial Advisors Limited
Jan 2010 - Dec 2011Vice President ResearchAs the Head of Research at Edelweiss Financial Advisors my primary responsibility was to lead the team and generate equity, commodity and currency research both fundamental and technical inputs, for the Retail Clients including Edelweiss Franchisees, our own Branches, and HNI clients.

MIINTDIRECT.COM
Sept 2012 - Apr 2015As the Head of Research at MIINTDIRECT.COM my primary responsibility is to lead the team and generate equity, commodity and currency research both fundamental and technical inputs, for the Retail Clients including our Franchisees, our own Branches, and HNI clients. Additionally I am also the official spokesman for speaking on our in house Research view on stocks and Market related subjects and Companies/Stocks on both the electronic and print media which includes prominent channels like ET Now, NDTV Profit, CNBC Awaaz, Zee Business and Bloomberg UTV Show less
Head Research
Sept 2012 - Apr 2015Head of Research
Sept 2012 - Apr 2015

Precision Investment Services www,pis,net,in
Jun 2015 - Mar 2016CIO & Head ResearchAt Precision Investment Services my key focus areas will be on Fundamental Research which will include servicing Advisory Clients with research notes on Companies, Markets & Sectors with an objective to maximise returns and provide a strong wealth creation platform. I will also undertake Fundamental Training workshops here which will help educate investors on the fundamental aspects of Equity Investing and making this subject simple, interesting and making investors more knowlegable and well informed. Show less

Moneylicious Capital & Advisory Services Ltd
Aug 2016 - Jan 2017Head ResearchMoneylicious Research is headed by Mr Avinnash Goraksakar who is a finance professional with over 24 years exposure in Research. I have earlier worked in Kotak Mahindra Finance Limited, Kotak Securities, IL & FS Investsmart, Business India, Prabhudas Lilladher, Emkay Shares, Reliance Money Limited, and Edelweiss Financial Advisors Limited. On the Electronic Media i share my views on leading business channels like ET NOW, CNBC AWAAZ, CNBC, NDTV PROFIT, ZEE BUSINESS, BLOOMBERG TV and Doordarshan. Show less

Profitmart securities
Mar 2018 - nowHead Of Research
Licenses & Certifications

SEBI Registered Research Analyst
SEBIJul 2015
Languages
- enEnglish, marathi hindi
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