Parth Agrawal

Building @bastionresearch ||CA || Investor || Process over Outcome

[Bastion Research @bastionresearch]

India's smartphone value addition: 15-20%

China's: 35-40%

That gap is not a problem statement.

It is a multi-thousand crore opportunity waiting to be captured.

And 7 listed Indian companies sit right in the middle of it.

A thread. 🧵

[Bastion Research @bastionresearch]

How do you hold a single stock for 20 years, stomach multiple 50% crashes, and still walk away with a 100x return?

We sat down with veteran investor Siddharth Mandalaywala to break down the exact "owner's mindset" that turned Titan into a life-changing, generational investment. He also reveals the specific stock he is aggressively accumulating right now while the rest of the market completely ignores it.

Watch below 👇

[Bastion Research @bastionresearch]

Infra heavy sectors dominating the market so far in 2026!

Power (+27%), Utilities (+19%), Metal (+18%), Capital Goods (+15%), and Telecom (+12%)

[Bastion Research @bastionresearch]

What if a Company can grow revenue 5-6x in FY27, and still leave investors worried?

That is the interesting problem with Kernex Microsystems.

Locomotive orders: ~Rs 3,000 Cr

Orders executed in FY26: ~Rs 250 Cr

Most of the balance is expected to be executed by FY27.

Thread:🧵

[Bastion Research @bastionresearch]

Is Gujarati dhokla going to be listed on the stock exchange now?

A dhokla brand based out of Surat acquired control of a listed shell Company.

Radhe Dhokla x Shantai Industries is not a confirmed back-door listing yet.

But the setup raises one spicy question:
Is this the first step toward a back-door listing?

A quick thread:🧵

[Bastion Research @bastionresearch]

Tomorrow, we are releasing a newsletter on a company that looks like a regular auto ancillary business at first glance.

But zoom in a little, and you start seeing a much bigger transition towards Aerospace, Defence and Semiconductors.

All backed by deep precision manufacturing capability.

This one is worth understanding.

Subscribe to Bastion Research so you don’t miss it.👇

[Bastion Research @bastionresearch]

GLP - 1 value chain and competitive intensity 👇

[Bastion Research @bastionresearch]

India’s next airport food-court story may not come from airports.

It may come from expressways.

Not because people suddenly love overpriced sandwiches.

But because expressways change one simple thing:

where travellers are allowed to stop.

[Bastion Research @bastionresearch]

Dropped a Shivalik Bimetal note on Saturday.
Promoters bought on Monday.
Coincidence? Probably.
Good content? Definitely. 😄

[Bastion Research @bastionresearch]

The next big problem in digital advertising may not be targeting.

It may be trust.

Because in an AI-heavy internet, brands will have to ask a very uncomfortable question:

“Did my ad reach a real human?”

[Parth Agrawal @_Parth_A]

Check out now. Worth every second of time spent on this.

[Bastion Research @bastionresearch]

A small town’s worth of electricity is burned every hour so you can ask AI to write a Monday morning email.

That is not software. That is infrastructure.

Behind every AI response sits a massive value chain: chips, power, cooling, data centres, models, APIs, and applications.

We decoded the entire AI Value Chain from an investor’s lens.

Free access below 👇

[Bastion Research @bastionresearch]

A small town’s worth of electricity is burned every hour so you can ask AI to write a Monday morning email.

That is not software. That is infrastructure.

Behind every AI response sits a massive value chain: chips, power, cooling, data centres, models, APIs, and applications.

We decoded the entire AI Value Chain from an investor’s lens.

Free access below 👇

[Parth Agrawal @_Parth_A]

Subscribe!

[Bastion Research @bastionresearch]

After two years of muted earnings, this Company may finally be entering the next leg of its growth cycle.

It sits at the intersection of some of the strongest themes playing out today: EVs, BESS, smart meters, and electrification, both in India and globally.

We are covering it in tomorrow’s newsletter.

Subscribe below so you don’t miss it.👇

[Bastion Research @bastionresearch]

After two years of muted earnings, this Company may finally be entering the next leg of its growth cycle.

It sits at the intersection of some of the strongest themes playing out today: EVs, BESS, smart meters, and electrification, both in India and globally.

We are covering it in tomorrow’s newsletter.

Subscribe below so you don’t miss it.👇

[Bastion Research @bastionresearch]

10 years ago, "car security" meant a good lock and an alarm.

Now KPIT Tech is acquiring Cymotive, an automotive cybersecurity firm.

Your car now runs on software. And software gets hacked.

The future isn't just electric. It's encrypted.🔒

[Bastion Research @bastionresearch]

8 years!!

That's how long Tatva Chintan has been working on their semiconductor chemicals business.

And they've only reached the validation stage. Commercial scale is still expected by 2028-29.

So basically, a decade just to start selling.

Imagine the kind of patience and capital that demands.

[Bastion Research @bastionresearch]

Deccan Gold Update: One of our 4 triggers has played out.

Jonnagiri has seen first gold production. Deccan Gold reported profit from associates.

Next catalyst: Commercial production at Altyn Tor (Kyrgyzstan). At least 12 months away.

Story is alive. Patience still required.

Disclaimer: This is not an investment recommendation. Do your own due diligence.
Bastion Research House is a SEBI Registered Research Analyst Registration No. INH000023199

[Bastion Research @bastionresearch]

Superb recovery in Yasho Inds🚀
Revenue up +33%
EBITDA up +27%
PBT up +106%

CFO +Rs. 151 Cr in FY26 vs (-) Rs. 41 Cr in FY25 on back of inventory offloading + better working capital management.

[Parth Agrawal @_Parth_A]

@iamankitpande REIT is a good option.

https://t.co/73dVw6M07i

[Bastion Research @bastionresearch]

Rajiv Thakkar called REITs the most underrated investment instrument in India.

After looking at the numbers, I think he's right.

Here's why: 🧵

[Bastion Research @bastionresearch]

Good research isn't about being right every time.
It's about having a process that keeps score honestly.

2026 so far --> exits taken, new ideas added, and 15 active recommendations still in play.

That's what CORE is about.
Every Hit.
Every Miss.
Shared with Clarity

See the full snapshot 👇