Ansh Shah

Equity Research Analyst I Ex Operations Analyst Intern at Morgan Stanley I CFA L2 candidate

Mumbai, Maharashtra, India

About

CFA L2 CANDIDATE NISM VA / VIII / XII / XV

Experience

  • Equity Research Analyst at Mangal Keshav Financial Services LLP
    Jun 2025 - Present · 1 yr 2 mos

    Conducted in-depth research collating and analyzing fundamentals of listed companies, evaluating revenue drivers, margin trends, capital structure, and growth outlook using company filings, industry reports and publicly available data. Monitored earnings calls and reviewed management commentary, investor presentations and company disclosures to assess the business outlook and industry positioning. Prepared 50+ IPO notes and investment research notes, analyzing business models, industry dynamics and valuation frameworks across multiple sectors, including industrials, consumer, healthcare, and materials. Prepared client-facing investment reports and pitch decks synthesizing fundamental and qualitative insights to support investment recommendations.

  • Operations at Morgan Stanley
    Apr 2024 - Jul 2024 · 4 mos

  • Finance Department Intern at Goodfellows India
    Jun 2023 - Jul 2023 · 2 mos

    Goodfellows is a initiative by Ratan Tata.I worked in the finance department as an intern and learned various concepts such as valuation and analysing reports. Settling accounts of the company's events and performing competitive analysis for the company in the industry were also a part of my job profile.

  • Finance Intern at The Goodfellows (India), A Tata Initiative
    Jun 2023 - Jul 2023 · 2 mos

    Performed comparative financial and operational analysis of senior-care competitors to identify market positioning and strategic differentiators. Oversaw event finances, tracking budgets and expenses to ensure accurate reporting and improved cost control.

  • Angel Xpress Foundation (6 mos)
    • Nonprofit
      Jul 2020 - Nov 2020 · 5 mos

      Tutored underprivileged students in Mathematics and English while designing practice materials and mock tests to strengthen core concepts and improve academic performance.

    • Mathematics Teacher
      Jun 2020 - Nov 2020 · 6 mos

      I volunteered at a NGO as an mathematics teacher to help the underprivileged.