| Surya Vinayak Industries Ltd. (Floriana Group) | INDIA
Dr. Toshabanta Bhoi is a multi-credentialed finance scholar and researcher with a strong specialization in capital markets, equity valuation and financial econometrics. He holds a Ph.D. in Finance (2025) from Fakir Mohan University, Odisha, alongside professional credentials including CFA, MFA (ICFAI), MBA and M.Com, all specialized in Finance. He brings 4 years of corporate finance experience and is currently seeking an academic position to leverage his scholarly depth and research expertise in finance education.
Previously, he served as Assistant Manager – Finance at Surya Vinayak Industries Ltd. (Floriana Group), New Delhi (May 2012–May 2016), where he worked in the FMCG and Mining sectors. During this tenure, he designed and executed end-to-end financial models including Income Statement, Balance Sheet and Cash Flow analyses; prepared project feasibility reports; coordinated with major credit rating agencies including FITCH, ICRA, CRISIL and CARE; structured trade finance instruments; and conducted variance analysis to support senior leadership decision-making.
Research & Publications
Dr. Bhoi has established a focused research profile centred on stock analysis, portfolio construction, capital market volatility and financial econometrics. His doctoral research, titled Stock Analysis and Portfolio Construction: A Study on Nifty 50 Stocks, has generated substantial scholarly output. He is the author of 7 peer-reviewed publications published in journals including NOLEGEIN – Journal of Business Risk Management, DRIEMS Business Review, Educational Administration: Theory and Practice, European Economic Letters, and Library Progress International. His publications address overvalued and undervalued stocks, dynamic relations between macroeconomic forces and stock markets, bibliometric evaluation of equity market returns in BIMSTEC nations, conditional volatility modelling, and the relationship between inflation data and stock market returns.
Research Presentations & Conferences
Dr. Bhoi has actively disseminated his research through 6+ national and international conference presentations. These include presentations on volatility spillover effects on Nifty 50 at Bhadrak Autonomous College (2023); overvalued and undervalued stocks at Fakir Mohan University International Management Conclave (2024); stock selection by fundamental analysis at FM University Research Scholars' Conclave (2024); AI-driven decision-making in entrepreneurship at Sambalpur University National Seminar (2024); comparative analysis of fundamental and technical analysis in the defense sector at the DRA Annual International Conference (2024); and the impact of macroeconomic variables on portfolio construction at the International Conference ICSDBL (2024).
Faculty Development & Professional Engagement
He has pursued continuous professional development through multiple faculty development programmes. These include FDPs on Demystifying Literature Review Methods and Academic Writing & Publication from Koach Scholar (2022); Questionnaire Development & Data Analysis using R (2024), covering EFA, ANOVA, Chi-Square, parametric and non-parametric tests, correlation, regression and data visualization. Additionally, he completed a 3-month Financial Analyst Training Programme at RVM Finishing School of Finance, covering financial modelling, equity valuation, derivatives, M&A and the E-I-C Framework, and a 2-month Derivative Analysis Certification from NSE in futures, options, risk basis and trading strategies. He has also conducted project research on the Indian Banking Industry and the effect of Brexit on European and world economies.
Core Competencies & Technical Skills
His technical expertise encompasses stock analysis and portfolio construction, equity valuation and fundamental analysis, capital markets and derivatives, financial econometrics, bibliometric and quantitative research, corporate finance and fund management, statistical analysis using R, advanced Excel proficiency, and EDGAR/10-K/10-Q analysis.
Professional Memberships
Dr. Bhoi maintains active professional engagement as an Active Member of the Odisha Research Society of India (ORSI) and as a Life Member of both the Odisha Commerce Association (OCS) and the Indian Commerce Association (ICA).
Eligibility for Young Researcher Award
Dr. Toshabanta Bhoi presents a compelling candidacy for the Young Researcher Award through his demonstrated excellence across multiple dimensions. His 7 peer-reviewed publications in indexed journals, 6+ national and international conference presentations, and doctoral research on Nifty 50 stocks collectively represent substantial research contributions to the field of finance. His specialized expertise in stock analysis, portfolio construction and capital market volatility, combined with his rigorous training in financial econometrics and quantitative research methodologies, positions him as an emerging scholar with significant research potential. The breadth of his academic credentials and his commitment to continuous professional development further underscore his dedication to scholarly advancement.
Based on his research output, publication record, conference presentations, technical competencies and professional engagement, Dr. Toshabanta Bhoi is eligible for consideration for the Young Researcher Award in Scientific Laurels, particularly in recognition of his contributions to capital markets research, financial econometrics and equity portfolio construction.