Anjali Anand

V.P.- Research & Consulting

Anjali Anand is a seasoned research professional with 18+ years of experience in equity research and financial analysis across buy-side, sell-side, private equity, and hedge funds. She has led high-impact studies across sectors, delivering data-driven insights for investors and senior decision-makers. With a strong grounding in valuation, market intelligence, and strategy, she translates complex financial data into actionable investment perspectives. She holds a Master’s in Business Economics (Finance & Econometrics) and is RG-146 certified, along with NZ Level 5 Investment Advisory credentials.

Ankur Sharma

Associate General Manager-Research

Ankur Sharma is a seasoned investment research professional with over 18 years of experience across global financial markets, spanning multi-asset research in public and private markets. His background covers both buy-side and sell-side research, with deep expertise in equities, fixed income, private equity, market and macroeconomic research, strategic consulting, and transaction advisory. Ankur rejoined Kalkine in February 2025, having previously spent three years with the firm delivering high-conviction, data-driven investment insights. He is highly skilled in top-down macro analysis, bottom-up company research, sector and thematic studies, valuation, and financial modeling, with a strong focus on global monetary policy, capital flows, and cross-asset dynamics. He holds an MBA in Finance. His core interest lies in global financial markets and long-term investment opportunities.

Nitish Kishor

Business Head–Research

Nitish Kishor is an investment research and global markets professional with over eight years of experience in equity research, valuation, and capital markets. He specializes in assessing company fundamentals, building bottom-up valuation models, analyzing financial statements, and tracking macroeconomic and sector trends to generate data-driven, actionable investment insights. Nitish is a commerce graduate (B.Com Honours) and holds a PGDM from Xavier Institute of Management (XIM). With a strong passion for global markets and a disciplined, valuation-driven research approach, he brings a well-rounded and analytical perspective to equity selection and market strategy.

Shwetambri Chauhan

Senior Manager- Research

Shwetambri Chauhan has over 15 years of experience in equity research, secondary research, and market analysis. She specializes in evaluating company profiles, financial statements, market trends, industry dynamics, and competitive landscapes. Skilled in research, analytical problem-solving, and communication, Shwetambri provides clear and actionable insights for investors. A keen stock market enthusiast, she joined the Kalkine team in June 2019, bringing her expertise to deliver high-quality research and informed market perspectives.

Vinay Lochav

Assistant Manager-Research

Vinay Lochav is an investment research and global markets professional with ~6+ years of experience across equity research, valuation, portfolio strategy, and macroeconomic analysis, with a strong focus on the U.S. capital markets. He is a CFA Charterholder, holds a Master of International Finance, and brings a balanced combination of analytical rigor, market understanding, and execution-oriented investment thinking. He specializes in building robust financial models (including DCF, precedent transactions, option pricing models, and comparable company analysis), assessing company fundamentals, and generating data-driven investment recommendations supported by disciplined valuation frameworks. He has also developed practical strengths in portfolio construction, stock selection, risk-adjusted performance analysis, and portfolio audits, complemented by strong capability in technical strategy formulation and active market monitoring.

Mukul

Senior Research Analyst Research

Mukul is an equity research professional with over 5 years of experience in stock market and portfolio analysis globally with specialization in Australia and India. He specializes in delivering in-depth industry and stock research, integrating fundamental analysis with macro- and microeconomic insights. A dedicated market practitioner, Mukul joined Kalkine in September 2024, where he contributes high-quality, investment-focused research and market commentary. He holds a Master’s degree in Finance and is certified in FMVA and the CFA Investment Foundations Program.

Sonal Goyal

Sr. Research Analyst

Sonal Goyal is a business journalist with nearly five years of experience at Kalkine, where she has specialised in reporting on stocks, broker updates, and corporate press releases. With a master’s in finance, she combines financial knowledge with a sharp news sense, allowing her to quickly identify and deliver the most relevant business stories. Over the years, she has built a reputation for clear, accurate, and insightful reporting that keeps readers informed and ahead of market trends. Outside of her professional life, she enjoys exploring new music and travelling.

Aditi Sarkar

Junior Research Analyst- Research

Aditi Sarkar brings over two years of experience in equity-focused research and secondary analysis, underpinned by a strong academic foundation. She specialises in assessing market trends, industry structures, and competitive landscapes to deliver clear, actionable insights for investors. Her research credentials are strengthened by multiple publications in peer-reviewed scientific journals, reflecting strong analytical rigour and subject-matter depth. She joined the Kalkine team in April 2024 and holds a postgraduate degree in life sciences.

Robert Luong

Research Analyst

Robert Luong holds a master’s degree in applied finance from Auckland University of Technology (AUT), New Zealand. He is a Chartered Market Technician (CMT) Level III, accredited by the CMT Association in the United States, reflecting advanced expertise in technical analysis, market structure, and quantitative market research. He has 20 years of experience analyzing across global equity, fixed income, commodity, and foreign exchange markets. His work spans multiple market regimes, integrating discretionary and quantitative approaches across diverse asset classes.

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