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

Thematic (Sector/Industry)

<ul>
<li>India's growth story is facing two major risks in 2025 - Valuations and earnings growth</li>
<li>56% of smallcaps and midcaps are trading at valuations higher than index valuations which itself is trading at all-time high valuations</li>
<li>Earnings show sharp slowdown in QFY25 owing to slowdown in capex, govt spend and inflations.</li>
</ul>


India's growth story is facing two major risks in 2025 - Valuations and earnings growth
56% of smallcaps and midcaps are trading at valuations higher than index valuations which itself is trading at all-time high valuations
Earnings show sharp slowdown in QFY25 owing to slowdown in capex, govt spend and inflations.


Charted Insights: India's Growth Story; Two Major Risks Looming Ahead in 2025

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/itc-ltd" target="_blank" data-smartkarma-citation="entities:327:1" rel="noopener">ITC Ltd (ITC IN)</a> will demerge its Hotels business with the ex-date set as 6 January and shareholders receiving 1 share of ITC Hotels for 10 shares of ITC Ltd.</li>
<li>
<a href="https://www.smartkarma.com/entities/itc-ltd" target="_blank" data-smartkarma-citation="entities:327:1" rel="noopener">ITC Ltd (ITC IN)</a> shareholders will own 100% of ITC Hotels - 60% will be owned directly and 40% will be owned through their shareholding in <a href="https://www.smartkarma.com/entities/itc-ltd" target="_blank" data-smartkarma-citation="entities:327:1" rel="noopener">ITC Ltd (ITC IN)</a>.</li>
<li>There will be a lot of selling in ITC Hotels within a few days of listing from different passive index trackers and that could provide buying opportunities for those interested.</li>
</ul>



ITC Ltd (ITC IN) will demerge its Hotels business with the ex-date set as 6 January and shareholders receiving 1 share of ITC Hotels for 10 shares of ITC Ltd.

ITC Ltd (ITC IN) shareholders will own 100% of ITC Hotels - 60% will be owned directly and 40% will be owned through their shareholding in ITC Ltd (ITC IN).
There will be a lot of selling in ITC Hotels within a few days of listing from different passive index trackers and that could provide buying opportunities for those interested.


ITC Hotels: Index Implications of Demerger from ITC Ltd (ITC IN)

<ul>
<li>Periods of market euphoria often create fertile ground for substantial fundraising activity, where companies—both established and speculative—seize the opportunity to raise capital. </li>
<li>IPO surges and other equity fundraisers reflect heightened investor confidence and an increased appetite for risk.</li>
<li>However, as history shows, such periods of exuberance are often harbingers of steep market corrections.</li>
</ul>


Periods of market euphoria often create fertile ground for substantial fundraising activity, where companies—both established and speculative—seize the opportunity to raise capital. 
IPO surges and other equity fundraisers reflect heightened investor confidence and an increased appetite for risk.
However, as history shows, such periods of exuberance are often harbingers of steep market corrections.


Charted Insights: India's Fundraising Booms and Market Cycles; A Data-Driven Analysis

<ul>
<li>Indian markets lead in global IPO markets by volume with highest IPOs in 2024 accounting for 25% of IPOs.</li>
<li>Indian IPO saw one of the highest returns with participation from all the themes/sectors which is outlier to global trends.</li>
<li>As we look ahead to 2025, the Indian IPO market is poised for continued success, driven by strong investor confidence, a thriving stock market, and a conducive investment climate.</li>
</ul>


Indian markets lead in global IPO markets by volume with highest IPOs in 2024 accounting for 25% of IPOs.
Indian IPO saw one of the highest returns with participation from all the themes/sectors which is outlier to global trends.
As we look ahead to 2025, the Indian IPO market is poised for continued success, driven by strong investor confidence, a thriving stock market, and a conducive investment climate.


Thematic: India’s IPO Market: Outperforming Global Peers, Outlook for 2025

<ul>
<li>Emerging markets like India, Indonesia, and Argentina exhibit strong optimism for 2025, driven by growth prospects and reforms, while developed economies, face challenges from energy shocks &amp; slower growth</li>
<li>Inflation, higher taxes, and rising interest rates remain top concerns for Indian households and businesses, but the country’s demographic advantages and ongoing reforms position it as a global growth leader.</li>
<li>The coming decade belongs to emerging economies as they reap benefits of demographic dividends.</li>
</ul>


Emerging markets like India, Indonesia, and Argentina exhibit strong optimism for 2025, driven by growth prospects and reforms, while developed economies, face challenges from energy shocks &amp; slower growth
Inflation, higher taxes, and rising interest rates remain top concerns for Indian households and businesses, but the country’s demographic advantages and ongoing reforms position it as a global growth leader.
The coming decade belongs to emerging economies as they reap benefits of demographic dividends.


Charted Insights: What Investors & Consumers Feel About 2025 Economic Outlook

India

The NIFTY 50 index is National Stock Exchange of India's benchmark stock market index for Indian equity market. Nifty is owned and managed by India Index Services and Products (IISL), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited.

NIFTY Index (NIFTY INDEX)

Charted Insights: India's Growth Story; Two Major Risks Looming Ahead in 2025

India's growth story in 2025 is at risk due to high valuations and slowing earnings growth, with smallcaps and midcaps trading at record highs.

Nimish Maheshwari

ITC Hotels: Index Implications of Demerger from ITC Ltd (ITC IN)

ITC Hotels demerges from ITC on 6 Jan. There will be an SPOS on 6 Jan to determine ITC's price post demerger. There will be a LOT of selling in ITC...

Brian Freitas

Charted Insights: India's Fundraising Booms and Market Cycles; A Data-Driven Analysis

Market euphoria leads to increased fundraising activity as companies take advantage of investor confidence, but history warns of potential market...

Nimish Maheshwari

Thematic: India’s IPO Market: Outperforming Global Peers, Outlook for 2025

Indian markets dominate global IPO markets in 2024 with highest volume and returns, poised for continued success in 2025.

Nimish Maheshwari

Charted Insights: What Investors & Consumers Feel About 2025 Economic Outlook

Emerging markets like India, Indonesia, and Argentina show strong optimism for 2025, driven by growth prospects and reforms, while developed...

Nimish Maheshwari

Charted Insights: India's Growth Story; Two Major Risks Looming Ahead in 2025

​India's growth story in 2025 is at risk due to high valuations and slowing earnings growth, with smallcaps and midcaps trading at record highs.

Nimish Maheshwari

ITC Hotels: Index Implications of Demerger from ITC Ltd (ITC IN)

ITC Hotels demerges from ITC on 6 Jan. There will be an SPOS on 6 Jan to determine ITC's price post demerger. There will be a LOT of selling in ITC...

Brian Freitas

Charted Insights: India's Fundraising Booms and Market Cycles; A Data-Driven Analysis

​Market euphoria leads to increased fundraising activity as companies take advantage of investor confidence, but history warns of potential market...

Nimish Maheshwari

Thematic: India’s IPO Market: Outperforming Global Peers, Outlook for 2025

​Indian markets dominate global IPO markets in 2024 with highest volume and returns, poised for continued success in 2025.

Nimish Maheshwari

Charted Insights: What Investors & Consumers Feel About 2025 Economic Outlook

​Emerging markets like India, Indonesia, and Argentina show strong optimism for 2025, driven by growth prospects and reforms, while developed...

Nimish Maheshwari

India's growth story in 2025 is at risk due to high valuations and slowing earnings growth, with smallcaps and midcaps trading at record highs.

Market euphoria leads to increased fundraising activity as companies take advantage of investor confidence, but history warns of potential market...

Indian markets dominate global IPO markets in 2024 with highest volume and returns, poised for continued success in 2025.

Emerging markets like India, Indonesia, and Argentina show strong optimism for 2025, driven by growth prospects and reforms, while developed...