Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Event-Driven

<ul>
<li>Sarvam AI raised $234 million in a Series B, achieving a $1.5 billion valuation and becoming India's fifth unicorn of 2026, with HCLTech anchoring the round with 10.46% stake.</li>
<li>It is India's one of the largest IT services player making concentrated betting on sovereign AI infrastructure at moment when access to frontier models is hardening as a geopolitical variable.</li>
<li>Understanding who is building India's AI stack, and who is funding it, matters for investors tracking both the IT services sector and the emerging domestic AI supply chain.</li>
</ul>


Sarvam AI raised $234 million in a Series B, achieving a $1.5 billion valuation and becoming India's fifth unicorn of 2026, with HCLTech anchoring the round with 10.46% stake.
It is India's one of the largest IT services player making concentrated betting on sovereign AI infrastructure at moment when access to frontier models is hardening as a geopolitical variable.
Understanding who is building India's AI stack, and who is funding it, matters for investors tracking both the IT services sector and the emerging domestic AI supply chain.


Why HCL Tech Is Writing Rs.1,427 Crore Cheque for an AI Startup?

Equity Analyst - Fundamental & Thematic, Sree Capital

Sreemant Dudhoria

Equity Analyst - Fundamental & Thematic

Fundamental Research on Listed Indian Companies

Sree Capital

Sree Capital is a platform to share fundamental research on listed Indian companies. We do this research for our own investment

Equity Bottom-Up

<ul>
<li>Insider Activity started picking up in the month of May 2026, as the results season was coming to an end.</li>
<li>We highlight large and small cap companies that experienced significant insider buying during May 2026, as reported on the stock exchanges.</li>
<li>We also present key sectors which saw insider buying during the month along with names which have moved significantly above the insider buying price.</li>
</ul>


Insider Activity started picking up in the month of May 2026, as the results season was coming to an end.
We highlight large and small cap companies that experienced significant insider buying during May 2026, as reported on the stock exchanges.
We also present key sectors which saw insider buying during the month along with names which have moved significantly above the insider buying price.


Insider Activity: Who Bought Their Own Stock in May 2026

<ul>
<li>April 2026 insider activity was weak due to ongoing silent period during earnings season.</li>
<li>We highlight large and small cap companies that experienced significant insider buying during April 2026, as reported on the stock exchanges.</li>
<li>We also present key sectors which saw insider buying during the month along with names which have moved significantly above the insider buying price.</li>
</ul>


April 2026 insider activity was weak due to ongoing silent period during earnings season.
We highlight large and small cap companies that experienced significant insider buying during April 2026, as reported on the stock exchanges.
We also present key sectors which saw insider buying during the month along with names which have moved significantly above the insider buying price.


Insider Activity: Who Bought Their Own Stock in April 2026

India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

<ul>
<li>HCLTech, a global IT services company, reported Q4 FY26 revenue of USD 3,682M, below expectations due to telecom spending cuts and two SAP exits. </li>
<li>Management’s three-bucket AI strategy: disrupted, amplified, native which highlights structural pricing pressure, while a USD 100M+ AI Factory deal signals a shift toward higher-value AI-led infrastructure services.</li>
<li>FY27 guidance of 1-4% CC growth remains conservative, factoring near-term headwinds. Re-rating depends on Advanced AI scaling beyond USD 1Bn in 12-18 months and margin recovery. </li>
</ul>


HCLTech, a global IT services company, reported Q4 FY26 revenue of USD 3,682M, below expectations due to telecom spending cuts and two SAP exits. 
Management’s three-bucket AI strategy: disrupted, amplified, native which highlights structural pricing pressure, while a USD 100M+ AI Factory deal signals a shift toward higher-value AI-led infrastructure services.
FY27 guidance of 1-4% CC growth remains conservative, factoring near-term headwinds. Re-rating depends on Advanced AI scaling beyond USD 1Bn in 12-18 months and margin recovery. 


HCLTech: Muted Q4 and Weak FY27 Guidance Signal Demand Uncertainty

<ul>
<li>March 2026 insider activity was very strong with 60+ companies reporting insider accumulation spanning large caps and mid/small caps.</li>
<li>We present the key sectors which saw insider buying during the month along with names which have moved significantly above the insider buying price.</li>
<li>Also mentioned in this insight are the names which are available significantly below the insider buying price.</li>
</ul>


March 2026 insider activity was very strong with 60+ companies reporting insider accumulation spanning large caps and mid/small caps.
We present the key sectors which saw insider buying during the month along with names which have moved significantly above the insider buying price.
Also mentioned in this insight are the names which are available significantly below the insider buying price.


Insider Activity: Who Is Buying Their Own Stock During the Market Correction? – March 2026

India

HCLTech is a global technology services and consulting company that provides a comprehensive range of software and infrastructure solutions. The company offers IT and business services, engineering and R&D services, and HCLSoftware products, focusing on digital, cloud, AI, and engineering solutions to help enterprises transform their businesses. HCLTech is headquartered in Noida, Uttar Pradesh, India, and was spun out in 1991.

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HCLTech (HCLT IN)

Why HCL Tech Is Writing Rs.1,427 Crore Cheque for an AI Startup?

Sarvam AI becomes India's fifth unicorn in 2026 with $234 million Series B, HCLTech anchors round, highlighting importance of AI infrastructure...

Nimish Maheshwari

Insider Activity: Who Bought Their Own Stock in May 2026

Insider buying activity increased in May 2026 as earnings season wrapped up, with focus on companies and sectors with significant insider...

Sreemant Dudhoria

Insider Activity: Who Bought Their Own Stock in April 2026

While Insider Buying activity has declined in the month of May'26, there are still few large notable companies coming in the list including HCL...

Sreemant Dudhoria

HCLTech: Muted Q4 and Weak FY27 Guidance Signal Demand Uncertainty

HCLTech's Q4 revenue misses expectations due to telecom spending cuts and SAP exits, but a shift towards higher-value AI services and guidance for...

Sudarshan Bhandari

Insider Activity: Who Is Buying Their Own Stock During the Market Correction? – March 2026

There was strong insider buying activity even during the last week of March 2026. Notable names include GMR Airports, Info Edge, Jindal Stainless,...

Sreemant Dudhoria

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Why HCL Tech Is Writing Rs.1,427 Crore Cheque for an AI Startup?

​Sarvam AI becomes India's fifth unicorn in 2026 with $234 million Series B, HCLTech anchors round, highlighting importance of AI infrastructure...

Nimish Maheshwari

Insider Activity: Who Bought Their Own Stock in May 2026

​Insider buying activity increased in May 2026 as earnings season wrapped up, with focus on companies and sectors with significant insider...

Sreemant Dudhoria

Insider Activity: Who Bought Their Own Stock in April 2026

While Insider Buying activity has declined in the month of May'26, there are still few large notable companies coming in the list including HCL...

Sreemant Dudhoria

HCLTech: Muted Q4 and Weak FY27 Guidance Signal Demand Uncertainty

​HCLTech's Q4 revenue misses expectations due to telecom spending cuts and SAP exits, but a shift towards higher-value AI services and guidance for...

Sudarshan Bhandari

Insider Activity: Who Is Buying Their Own Stock During the Market Correction? – March 2026

There was strong insider buying activity even during the last week of March 2026. Notable names include GMR Airports, Info Edge, Jindal Stainless,...

Sreemant Dudhoria

Sarvam AI becomes India's fifth unicorn in 2026 with $234 million Series B, HCLTech anchors round, highlighting importance of AI infrastructure...

Insider buying activity increased in May 2026 as earnings season wrapped up, with focus on companies and sectors with significant insider...

HCLTech's Q4 revenue misses expectations due to telecom spending cuts and SAP exits, but a shift towards higher-value AI services and guidance for...