India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India-focused Independent Equity Research Analyst

Experienced (7 years +) in Sector-Specific Deep Dives and Comprehensive Company Research.

With a sharp focus on the Indian market, I specialize in providing in-depth analysis and insights to investors. Whether it's dissecting various sectors to identify emerging trends or conducting thorough fundamental research on individual companies, I'm dedicated to uncovering valuable opportunities and delivering actionable intelligence.

Passionate about navigating the nuances of the Indian equity landscape, I thrive on deciphering complex market dynamics and distilling them into clear, concise insights. 

While covering a sector or company-specific research, I cover the following :
1. Brief about company/sector
2.  Overall Industry landscape - History, Present and Future trends
3. Thesis and Anti-Thesis
4. Valuations
5. Financial & Forensic Analysis
6. Management Review
7. Key Monitorable Events
8. Guidance and Future Way Ahead

India Equity Analyst - Fundamental & Thematic

Thematic Report on India Diagnostics: The Great Consolidation and the Rise of Organized Chains

Thematic Report on India's Defence Sector: The 'Atmanirbhar' Capex Cycle Hits Acceleration

Thematic Report on Indian Wood Panel Industry: The "Compliance Moat" Supercycle

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)

India Capital markets / Thematic (Sector/Industry)

<ul>
<li>Nifty-500 valuations have eased by about 13% between Sep’24 and Nov’25, with midcaps seeing the largest correction. Earnings growth has improved.</li>
<li>Market shift from liquidity to earnings-driven rally, with large caps near long-term averages and mid/small caps holding premiums.</li>
<li>FY26 may see a shift in sector leadership, with Private Banks and Technology gaining attention, while mid/small caps may face more selectivity.</li>
</ul>


Nifty-500 valuations have eased by about 13% between Sep’24 and Nov’25, with midcaps seeing the largest correction. Earnings growth has improved.
Market shift from liquidity to earnings-driven rally, with large caps near long-term averages and mid/small caps holding premiums.
FY26 may see a shift in sector leadership, with Private Banks and Technology gaining attention, while mid/small caps may face more selectivity.


Thematic Report On India’s Valuation Reset: How Markets Are Repricing Growth Heading Into 2026