Prakhar Sharma
India Research
I am the analyst for Indian insurance sector and have covered financial sector for over 13 yrs across banks, NBFCs, Insurance, AMCs, others. Before joining Jefferies in 2020, I was the sector analyst at CLSA India.
What I am Known For
- I have published a combination of deep-dive, high frequency as well as differentiated reports on Indian Insurance. These include analysis of impact of evolving regulations and business environments.
- India Financial Daily and BFSI Monthly provide summary of key events, wrap of trends, price moves and interactions etc across financials.
- My corporate access is also arguably among the best in the sector as we have been able to build access across top management & CEOs as well as industry contacts. I hosted CEOs/ CXOs for multiple roadshows & conferences as well as hosted our India Financial Trips.
How I am Different
- I take clear and non-consensus calls on the insurance sector and avoid middle-ground approach on stocks with Hold ratings, hence majority of our ratings are clear BUY to UPF.
- Some of my non-consensus calls have been to be Buy call on ICICI Lombard. I also highlighted that the impact of new norms on surrenders is likely to be limited and hence pushed this Buy call on life insurers.
Corporate & Strategic Access
- Events: India, Financial Trips
- NDR: Max Financial (US), ICICI Lombard (US), HDFC Life (US, EU).