Institutional Equity Research Council

This is the centerpiece of Dhancept's analysis engine: an agentic hierarchy that replicates a professional investment committee.

The 11-Stage Research Council

Every Deep Report runs the same 11 stages, which you can watch live on the progress screen.

1. Skill Selection: Picks the research skills (for example India-specific listing and surveillance checks) that apply to your query.
2. Supervisor Agent (Scope): Receives your query, determines the asset class, gathers historical prices, and builds the research outline.
3. Specialist Desks (Analysis, six stages): Six specialist agents review the asset in parallel:
   • Macro Analyst: Evaluates inflation, currency trends, and interest rates.
   • Fundamental Analyst: Reviews balance sheets, free cash flows, and margins.
   • Valuation Strategist: Calculates DCF, PE ratios, and relative sector multiple targets.
   • Technical Chartist: Screens moving averages, RSI divergence, and volume distributions.
   • Sentiment Aggregator: Evaluates news sentiment, social discussion trends, and analyst targets.
   • Risk Auditor: Focuses entirely on headwinds, regulatory risks, and worst-case scenarios.
4. Portfolio Manager (Challenge): Synthesizes the desk reports and challenges assumptions to identify logical gaps. If desks disagree, an investment-committee debate of up to 3 rounds runs inside this stage.
5. Chairman (Synthesis): Compiles the final research view and its confidence.
6. Independent LLM Judge (Quality): Grades the report for completeness, consistency, reasoning and evidence.

Research Council Interface

AI Research Council pipeline showing the active research stages and generated report for TCS.NS.