Equity Research case studies, worked step by step

Cases
100
Traced to a firm
30
Topics
12
Hard
30
Topic
All topicsStock pitch15Earnings and results9Forecasting and modelling10DCF and intrinsic value9Relative valuation7Financials6Sector economics9Forensic accounting9Industry structure and moats7Macro and commodity sensitivity7Capital allocation and corporate actions7Buy-side portfolio judgement5
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–5 of 5 · filtered from 100Clear filters
  1. 012Merger arbitrage: Kaldrin Power Systems offers Rs 450 cash for Pravena Cables, which trades at Rs 420, with closing expected in six months and a fall-back price of Rs 330 if the deal breaks. What probability is priced in, and is the spread worth it if you think 85%?Buy-side portfolio judgementHardAQR Capital ManagementGreenwich · 2021
  2. 037Advise a long-only manager on building an ESG thesis on Hiravati Textiles: high water use, two effluent fines in three years, and export customers asking for audited data. What changes in the cash flows and the cost of capital?Buy-side portfolio judgementCoreNeuberger BermanNew York · 2025
  3. 062Hedge a Rs 50 crore long in Ornavi Specialty Tubes, which has no close listed peer. Given its betas to the market and to a capital goods basket, size the hedge and say what risk is left.Buy-side portfolio judgementHardBalyasny Asset ManagementNew York · 2026
  4. 072A fund wants a Rs 150 crore position in Sahvira Microfinance, which trades Rs 8 crore a day. Buying at 20% of daily volume, how many days does it take to build, and what does that mean for sizing?Buy-side portfolio judgementWarm upLong-only asset managementBuy-side equity research
  5. 087A retailer that is a 3% position falls 18% in a day on one quarter's same-store sales miss, 2% against 7% expected. Do you add, hold or cut, and what evidence decides it?Buy-side portfolio judgementCoreMulti-manager podHedge fund long/short

Company names and figures are illustrative.