SEBI-Registered Investment Advisor

No tips. No targets. No predictions. Just research.

Three portfolios built on 30 years of studying businesses — not stock prices.
Every recommendation comes with the reasoning. Every sell comes with an explanation.

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Portfolio tracker Portfolio builder Recommendations
30+
Years of independent research
60+
Researched recommendations
3
Ready-to-invest portfolios
Dhirendra Kumar, Founder of Value Research
We don't predict
markets. We study businesses.

In 1992, Dhirendra Kumar started Value Research from a clip file and a newspaper column. Three decades later, the method is the same: find the facts, share them plainly, let the reader decide. No momentum-chasing. No predictions. No tips.

Skin in the game. Dhirendra buys every stock we recommend. His entire equity portfolio is Stock Advisor picks and mutual funds — nothing else. By regulation, he cannot buy before making a recommendation and cannot sell before making the sell call. His complete holdings are published in our disclosure section. Every analyst's are too — not because regulation demands it, but because we do.

Dhirendra Kumar

Founder & CEO, Value Research

What subscribers say

They stay because we admit when we're wrong.

"I've read multiple research reports and invested based on these with good results. I respect both the judgement and the character."

Krishnakumar Subramanian
Subscriber since January 2020
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"To err is human, to admit divine :-) Ekramul Haque - Have read multiple research reports written by you and invested based on these with good results. Respect both your judgement and character! Keep up the good work entire Value Research team!"

"You accept your mistakes. That's the reason I continue."

Full transparency. That's what sets this service apart.

Dr. Vishalgiri Goswami
Subscriber since August 2023
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"Read your article.......one thing I want to appreciate that you people accept your mistake. that's great thing.....that is the reason I continue with your value reserch stock advisory..... Via this is mail I want to share my feedback..... great thing and full transparency..... appreciated"

"The best app for mutual fund and stock investment."

Especially for those starting out in the secondary market. A clear entry point into serious investing.

Abhay Kumar Sarnot
Subscriber since November 2020
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"Best App for mutual fund and stock investment for freshers in secondary market."

"Flexible, data-driven, simple language, and actionable advice."

I have gained by subscribing — in money, of course, but also in approach.

Himadri Mukherjee
Subscriber since March 2024
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"I have gained by subscribing to Value Research magazine as well as Valueresearchstock. Gain in money of-course but also by its approach to stock picking. In the maddening and often confusing and contradictory world of share market, this magazine has created slots for various categories of market players with different mindsets but always invariably underscoring the science and art of investing. Flexible, data driven, simple language and actionable advices are it's hallmark."

Verified subscriber feedback, shown with original text. Individual investment outcomes vary.

Every month, live

Stock Advisor Live.

Once a month, the analysts behind your recommendations go on camera. No script. No slides. Just the portfolio, the reasoning, and your questions. If a pick isn't working, you hear it here first.

Portfolio & Market Review
Where every recommendation stands. What has changed. What it means for your holdings. The team walks you through the full picture — not a summary, not a newsletter, a live briefing.
New Recommendations
When there's a new pick, you hear the thesis first-hand — the conviction and the caveats — before you act. No second-hand summaries. The analysts who did the work present it themselves.
Your Questions, Answered
Why did we buy? Why are we still holding? Should I worry? The team takes your questions live, unscripted. The kind of access you'd expect from a private wealth manager. Except it costs ₹9,990 a year.

What your subscription includes

Six things you get.
Nothing you don't.

One subscription. Three portfolios. Complete research on every recommendation.

Three Ready-to-Invest Portfolios

Long-term Growth for patient capital appreciation. Aggressive Growth for those who accept higher risk. All-weather for capital preservation and regular income. Pick one. Or build your own from the full list.

Full Research on Every Recommendation

No tips. No targets. Every stock comes with a detailed thesis — the business model, the competitive strengths, the financial track record, the management, the risks, and the price we think is sensible. If you can't understand why we recommend it, we haven't done our job.

Buy, Hold & Sell Guidance

Most services tell you what to buy. We also tell you when to hold and when to sell — with the reasoning behind every decision. You are guided through the entire holding period, not just the entry.

Investment Planner

Investing ₹5,000 a month or ₹5 lakh at once? The planner allocates your capital across recommended stocks — so you know exactly how much to put into each, and when.

Stock Advisor Note

Markets fall 3% on a Monday morning. A recommended company announces an acquisition. A sector faces new regulation. Within hours, you receive our brief: what happened, what it means for your holdings, and whether to act or sit still.

Portfolio Tracker, Screener & Alerts

Your family's entire wealth — stocks, mutual funds, bonds, NPS, PPF — visible in one place. Screen 4,500+ listed companies with custom filters. Set alerts on anything you follow. The tools a serious investor needs, without paying separately for them.

Our research process

From 4,500 companies
to a handful of convictions.

Algorithmic screening meets intensive human analysis.

1

Quantitative Screening

We continuously monitor ~4,500 listed companies against financial and proprietary parameters: growth, consistency, profitability, strength. This narrows to roughly 120 candidates.

2

Fundamental Filters

Each candidate faces 14 quantitative and 16 qualitative parameters — balance sheet strength, earnings sustainability, competitive positioning, capital allocation. ~50 stocks remain.

3

Deep Qualitative Analysis

Intensive study of management track record, corporate governance, growth drivers, risk factors. Six dedicated parameters measure management quality alone.

4

Valuation Discipline

Only companies available at sensible valuations — guided by historical earnings yields, P/E, and P/B — are communicated to subscribers.

Continuous Monitoring

Every recommended stock is tracked continuously. When fundamentals change or valuation becomes unreasonable, we issue a sell recommendation with a clear explanation.

Is this right for you?

Built for long-term
investors. Not for everyone.

We'd rather turn away the wrong subscriber than disappoint them.

Stock Advisor is for you if:

  • You want to build a disciplined equity portfolio over 5+ years
  • You prefer fundamental research over market tips or technical signals
  • You want clear reasoning behind every buy, hold, and sell decision
  • You understand that wealth is built through patience, not activity

This is not for you if:

  • Your investment horizon is less than 4–5 years
  • You're looking for hot tips or quick multibagger calls
  • You prefer recommendations based solely on technical indicators
  • You're uncomfortable with short-term market volatility
  • You tend to panic during downturns or chase during rallies

Start your subscription

Everything you need to invest well.

30 years of independent equity research. Guidance you can act on.

Full year
₹9,990/year

Full access from day one.

  • 3 curated portfolios with buy/hold/sell guidance
  • Full research reports on every stock
  • Investment planner for your capital
  • Monthly Stock Advisor Live session

Auto-renews· Cancel anytime

Our promise: try it for 30 days.

If you are not satisfied with the quality of our research, write to us within 30 days and we will process a full refund. No conditions.

Frequently Asked Questions

A SEBI-registered investment advisory that provides researched stock recommendations through three ready-to-invest portfolios. You receive detailed analysis, clear buy/hold/sell guidance, and tools to manage your equity investments.
Long-term Growth targets capital appreciation. Aggressive Growth accepts higher risk for potentially higher growth. All-weather prioritises capital preservation and regular income. You can follow one portfolio or build your own from the full recommendation list.
Companies with strong balance sheets, consistent earnings, capable management, and long-term growth potential — available at reasonable valuations. Each comes with a detailed report covering the thesis, risks, and rationale.
Yes. We issue sell recommendations when fundamentals change or valuations become unreasonably expensive, with clear reasoning every time.
We offer a sample report on a previously recommended company so you can see the depth and structure of our analysis. sample report..
Write to [email protected] within 30 days and we'll process a full refund.
Wealth Insight is a magazine with educational content. Stock Advisor provides specific stock recommendations with buy/hold/sell guidance.