Forensics and Corporate Governance Analyst, Beat the Street

Nimish Maheshwari

Forensics and Corporate Governance 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

Forensic Accounting

Ganesh Benzoplast Ltd. manufactures specialty chemicals, preservatives, plasticizers, lubricants, and lubricant additives. The Company constructs liquid chemical storage tanks for rental by the petroleum, chemical, and oil industries.

<ul>
<li>GBL was touted as a turnaround story as few investors have shown faith by infusing the funds for further expansion</li>
<li>In a rare instance, one of the promoter member fraudlently took the loan of 45 crores in the name of the company</li>
<li>What lies ahead is the case possible fund diversion and promoter family feud</li>
</ul>


GBL was touted as a turnaround story as few investors have shown faith by infusing the funds for further expansion
In a rare instance, one of the promoter member fraudlently took the loan of 45 crores in the name of the company
What lies ahead is the case possible fund diversion and promoter family feud


Promoter Family Feud and Fund Diversion : A Rare Saga of Governance Issue at Ganesh Benzoplast

Kotak Mahindra Bank / Forensic Accounting

Kotak Mahindra Bank Limited is a full service commercial bank. The Bank offers a wide range of products and services such as personal, commercial, and corporate banking services, including deposit accounts, loans, and investments. Kotak Mahindra Bank serves customers in India.

<ul>
<li>RBI has barred Kotak Bank from expanding its digital business and credit card issuance</li>
<li>Rather than earnings damage (max -10%) there is more reputational damage to the bank taking away premium valuations it used to command</li>
<li>The way ahead lies for the bank is the path of moderate growth </li>
</ul>


RBI has barred Kotak Bank from expanding its digital business and credit card issuance
Rather than earnings damage (max -10%) there is more reputational damage to the bank taking away premium valuations it used to command
The way ahead lies for the bank is the path of moderate growth 


Why RBI's Favourite Enemy Kotak Bank Is Barred from Digital Banking Business?

Thematic (Sector/Industry)

<ul>
<li>Indian elections significantly sway stock markets, with pre-election rallies and post-election stability reflecting investor sentiment and policy expectations.</li>
<li>Historical data unveils market surges preceding elections, highlighting the importance of economic reforms and policy promises in driving investor confidence.</li>
<li>Amidst market volatility, strategic investing demands a focus on long-term fundamentals over short-term fluctuations, emphasizing informed, adaptable approaches for sustainable growth.</li>
</ul>


Indian elections significantly sway stock markets, with pre-election rallies and post-election stability reflecting investor sentiment and policy expectations.
Historical data unveils market surges preceding elections, highlighting the importance of economic reforms and policy promises in driving investor confidence.
Amidst market volatility, strategic investing demands a focus on long-term fundamentals over short-term fluctuations, emphasizing informed, adaptable approaches for sustainable growth.


Democracy's Market Dance: Elections and Economic Sentiment in India

Equity Bottom-Up

Aster DM Healthcare Ltd / Equity Bottom-Up

Aster DM Healthcare Limited provides health care services. The Company offers cardiology, cardiac and spine surgery, oncology, orthopedics, neurology and urology, oncology, gastroenterology and hepatology services. Aster DM Healthcare serves patients worldwide.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/aster-dm-healthcare-ltd" target="_blank" data-smartkarma-citation="entities:23662:1" rel="noopener">Aster DM Healthcare Ltd (ASTERDM IN)</a> completes a significant restructuring, separating its India and GCC operations, with a consortium led by Fajr Capital acquiring a 65% stake in Aster GCC. </li>
<li>The substantial cash consideration received provides financial flexibility for further investments, debt reduction, or strategic opportunities.</li>
<li>Explore the implications of Aster's restructuring on shareholder value, with a special dividend of INR 110 to INR 120 per share planned.</li>
</ul>



Aster DM Healthcare Ltd (ASTERDM IN) completes a significant restructuring, separating its India and GCC operations, with a consortium led by Fajr Capital acquiring a 65% stake in Aster GCC. 
The substantial cash consideration received provides financial flexibility for further investments, debt reduction, or strategic opportunities.
Explore the implications of Aster's restructuring on shareholder value, with a special dividend of INR 110 to INR 120 per share planned.


Aster DM Healthcare's Special Dividend & Restructuring

Event-Driven

Aditya Birla Fashion and Retail Ltd / Event-Driven

Aditya Birla Fashion and Retail Ltd provides a wide range of mid-priced garments for men. The Company's collection includes internationally styled formal, elite, casual, party, and wedding apparel.

Aditya Birla Fashion and Retail Ltd (ABFRL IN)

<ul>
<li>
<a href="https://www.smartkarma.com/entities/aditya-birla-fashion-and-retail-ltd" target="_blank" data-smartkarma-citation="entities:19048:1" rel="noopener">Aditya Birla Fashion and Retail Ltd (ABFRL IN)</a> on 1st April announced a vertical demerger and separate listing of its matured and asset-light Madura brand portfolio.</li>
<li>Assessment of demerger: whether it is seriously a value creation opportunity or just a strategic gimmick for merger-demerger in Mega Bull Run.</li>
<li>Valuation of <a href="https://www.smartkarma.com/entities/aditya-birla-fashion-and-retail-ltd" target="_blank" data-smartkarma-citation="entities:19048:1" rel="noopener">Aditya Birla Fashion and Retail Ltd (ABFRL IN)</a> , whether any juice left in the company?</li>
</ul>



Aditya Birla Fashion and Retail Ltd (ABFRL IN) on 1st April announced a vertical demerger and separate listing of its matured and asset-light Madura brand portfolio.
Assessment of demerger: whether it is seriously a value creation opportunity or just a strategic gimmick for merger-demerger in Mega Bull Run.
Valuation of Aditya Birla Fashion and Retail Ltd (ABFRL IN) , whether any juice left in the company?


ABFRL's Demerger: A Game-Changer or a Gamble?

Nimish Maheshwari, an independent analyst and co-founder of Beat The Street, is an investing platform garnering more than 85,000+ followers across social media. 
His deep insights and forensic analysis have been featured in some of India's most prominent publications, including the Economic Times, The Morning Context, The Ken,  Dalal Street Investment Journal, Moneylife by Sucheta Dalal, and TheCore.in.
He has a keen eye for identifying red flags in Indian listed companies and has identified exclusive red flags earlier in Adani, Vedanta, Nykaa, Gland Pharma, Brightcom Group etc.

Nimish Maheshwari
Forensics and Corporate Governance Analyst
• Beat the Street

Promoter Family Feud and Fund Diversion : A Rare Saga of Governance Issue at Ganesh Benzoplast

The Possible case of Promoter Fund Diversion and Promoter Family Feud due to fraudulent transactions of 45 crores of loan. The impact of this is...

Nimish Maheshwari

Why RBI's Favourite Enemy Kotak Bank Is Barred from Digital Banking Business?

Why RBI's Favourite Enemy Kotak Bank Is Barred from Digital Banking Business? A Comprehensive analysis on RBI's Action, Cause of Action and its...

Nimish Maheshwari

Democracy's Market Dance: Elections and Economic Sentiment in India

How Big is Indian Elections? 1. Expenditure - 1.25 Lakhs Crs 2. No of Voters - 969 Mn 3. Timeline - 82 days spread across 7 phases 4. Voting...

Nimish Maheshwari

Aster DM Healthcare's Special Dividend & Restructuring

Company announced a dividend of 118/share at higher end of guided band. Stock hit lifetime high of 558/share today, 40% Return in Just one Special...

Nimish Maheshwari

ABFRL's Demerger: A Game-Changer or a Gamble?

Aditya Birla Fashion and Retail Ltd announces vertical demerger of Madura brand portfolio, sparking debate on value creation vs strategic gimmick...

Nimish Maheshwari

Promoter Family Feud and Fund Diversion : A Rare Saga of Governance Issue at Ganesh Benzoplast

The Possible case of Promoter Fund Diversion and Promoter Family Feud due to fraudulent transactions of 45 crores of loan. The impact of this is...

Nimish Maheshwari

Why RBI's Favourite Enemy Kotak Bank Is Barred from Digital Banking Business?

Why RBI's Favourite Enemy Kotak Bank Is Barred from Digital Banking Business? A Comprehensive analysis on RBI's Action, Cause of Action and its...

Nimish Maheshwari

Democracy's Market Dance: Elections and Economic Sentiment in India

How Big is Indian Elections? 1. Expenditure - 1.25 Lakhs Crs 2. No of Voters - 969 Mn 3. Timeline - 82 days spread across 7 phases 4. Voting...

Nimish Maheshwari

Aster DM Healthcare's Special Dividend & Restructuring

Company announced a dividend of 118/share at higher end of guided band. Stock hit lifetime high of 558/share today, 40% Return in Just one Special...

Nimish Maheshwari

ABFRL's Demerger: A Game-Changer or a Gamble?

​Aditya Birla Fashion and Retail Ltd announces vertical demerger of Madura brand portfolio, sparking debate on value creation vs strategic gimmick...

Nimish Maheshwari

Aditya Birla Fashion and Retail Ltd announces vertical demerger of Madura brand portfolio, sparking debate on value creation vs strategic gimmick...