Manan Agarwal
Equity Research Analyst | BFSI Specialist | Financial Modeling & Valuation
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About
Equity Research Analyst specializing in BFSI coverage at ICICI Securities, delivering high-conviction investment recommendations through rigorous financial modeling and sector analysis. Adept at translating macroeconomic signals and company fundamentals into actionable insights for institutional clients.
Experience
Equity Research Analyst - ICICI Securities - Mumbai
(2024-07 - 2025-09)
- Built DCF and relative valuation models for banks, NBFCs, and insurers, driving precise investment recommendations for institutional clients
- Authored equity research reports and thematic sector notes, synthesizing macro trends, credit data, and regulatory shifts into actionable portfolio insights
- Partnered with Sales and Trading teams to deliver timely market outlooks, strengthening client advisory capabilities and supporting revenue growth
Summer Intern - D.A. Coal Agency - Varanasi
- Streamlined logistics, inventory, and trade financing operations at a commodity trading firm, improving supply chain efficiency and on-time delivery
Education
PGDM - International Business & Finance - FORE School of Management (2024)
B.Com. - MLNC College, University of Delhi (2020)
12th (Commerce) - Varanasi - Delhi Public School (2017)
10th - Varanasi - Delhi Public School (2015)
