Dhruv Aggarwal

About Dhruv Aggarwal

Hi, I’m Dhruv — a Chartered Accountant and CFA Level II with a deep interest in understanding what drives businesses, sectors, and markets. Currently, I work as an Equity Research Associate at Ambit Capital, where I cover companies across the Utilities, Cement, and Metals & Mining sectors. Whether it\'s breaking down complex value chains or analyzing regulatory shifts, I enjoy turning data into insights that matter.My journey in finance has been diverse — from working on interest rate risk at HSBC for a £400bn+ balance sheet, to conducting audits for some of India’s largest corporates during my time at EY. Each experience has sharpened my analytical lens and deepened my understanding of how financial systems work, both on paper and in practice.I’ve built over 20+ financial models, authored 30+ research documents, and contributed to initiation coverage on names like NTPC Green and JSW Energy. From sector-wide deep dives to company-specific models using DCF, SOTP, and other methodologies, I focus on translating complex inputs into clear, actionable insights that help drive investment strategy and decision-making.I’m always looking to learn, collaborate, and contribute meaningfully in the world of equity markets, valuations and beyond. If you\'re someone who enjoys discussing macro trends, business strategy, or even travel plans gone wrong (I’ve had my fair share), let’s connect!

Experience

1. Investment Banking Associate

   EY

   Oct 2025 — Present · Delhi, IN

Education

• Institute of Chartered Accountants of India

  Chartered Accountancy

  2017 — 2023

• Shaheed Bhagat Singh College

  Bachelor of Commerce - B.Com. (Hons), Accounting and Finance