Manan Agarwal

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.

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

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)