We are Boutique Equity Research Firm registered with SEBI and working with just few large Family Offices & HNI clients. It is founded by Rusmik Oza who has more than 28 years of experience in equity research, portfolio management & wealth management. We operate out of Mumbai with a team of 4 research analysts and full support of tools required to do fundamental/technical research.

Our exclusive approach allows us to deliver concentrated research ideas purely based on attractive upside potential. Once recommended we keep updating our clients on regular intervals with our detailed quarterly results analysis and revised outlook & price targets. Our clients get curated stock recommendations from our side with genuine upside potential.

Our primary focus lies in researching upcoming micro-cap and small-cap companies, where we believe significant growth potential often resides. However, our capabilities extend across the market spectrum. We pride ourselves on a research-intensive culture, understanding that thorough due diligence is paramount to informed decision-making.

Our Passion is such that the entire team thinks, breathes and lives just discussing stocks and ideas. Reading and number crunching is ingrained in every team member’s blood. The majority of our day is committed to meticulous investigation and analysis, striving to uncover hidden gems and identify promising investment opportunities.

To fuel our analytical endeavours, we have cultivated a comprehensive ecosystem. We have established a strong network of relationships across IR firms, company managements, peers and sector specialists. Our team is equipped with essential paid subscriptions for both fundamental research and technical analysis, ensuring they have access to high-quality data and cutting-edge analytical tools. We have subscribed to and use few of the AI tools to speed up our research process. We also maintain a knowledge bank of sectors and company reports to get deeper historic perspective.

At 9 Rays Equiresearch, our history is rooted in a passion for research and a commitment to client success. We leverage decades of experience, a focused approach, and a robust research framework to navigate the complexities of the equity markets and identify compelling opportunities for our valued clients.