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>RBI halts loan sanctions for four NBFCs due to excessive rates and rule violations, signaling concerns over rising NPAs in retail lending.</li>
<li>Slippages and delinquencies in retail loans are rising, driven by smaller loans and fintech-driven credit growth, prompting stricter regulatory scrutiny.</li>
<li>Emphasis is shifting towards cautious lending and stronger regulations to stabilize the sector, indicating a more conservative approach in India’s credit landscape.</li>
</ul>


RBI halts loan sanctions for four NBFCs due to excessive rates and rule violations, signaling concerns over rising NPAs in retail lending.
Slippages and delinquencies in retail loans are rising, driven by smaller loans and fintech-driven credit growth, prompting stricter regulatory scrutiny.
Emphasis is shifting towards cautious lending and stronger regulations to stabilize the sector, indicating a more conservative approach in India’s credit landscape.


Thematic Report: Slowdown in India's Credit Sector

Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Equity Bottom-Up

Cybin Inc. is a life sciences company. The Company focuses on psychedelic drug development, unique delivery mechanisms, improved novel compounds, and protocols. Cybin serves customers worldwide.

<ul><li>Compass pushes back timeline for COMP360 Phase 3 readouts and cuts staff by 30%.</li><li>Compass Pathways’ (NASDAQ: CMPS) 3Q24 earnings announcement last week was dominated by the news that, not for the first time, the company has pushed back the timeline for the readout of its first single-dose study (COMP005) of the Phase 3 trial for its lead psilocybin-based drug candidate for treatment-resistant depression (TRD), COMP360, by a couple of quarters to 2Q25 from 4Q24.</li><li>The readout for the second two-dose study (COMP006) has been delayed by at least one year from mid-2025 to 2H26. </li></ul>

Compass pushes back timeline for COMP360 Phase 3 readouts and cuts staff by 30%.Compass Pathways’ (NASDAQ: CMPS) 3Q24 earnings announcement last week was dominated by the news that, not for the first time, the company has pushed back the timeline for the readout of its first single-dose study (COMP005) of the Phase 3 trial for its lead psilocybin-based drug candidate for treatment-resistant depression (TRD), COMP360, by a couple of quarters to 2Q25 from 4Q24.The readout for the second two-dose study (COMP006) has been delayed by at least one year from mid-2025 to 2H26. 

Cybin, Inc. - Why Compass Pathways Is No Compass for Cybin's Progression Prospects

Research from Atrium Research, Atrium Research Corporation

Atrium Research

Research from Atrium Research

Atrium Research Corporation

Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis. 

Our research product includes in-depth initiation reports, research notes, thematic research pieces, and company fact sheets.

Nicola Mining Inc. offers mining services. The Company provides identification, acquisition, and exploration of precious metals and minerals. Nicola Mining Inc serves customers in Canada.

<ul>
<li>Following strong performance in September, the precious metals again posted excellent returns, with gold being up 3.2% (to ATHs) and silver being up 4.1% (reaching its highest price in 12 years).</li>
<li>The mining equities had mixed performance relative to the metals with the GDX up 1.3%, GDXJ up 5.7%, SIL up 10.2%, and COPX down 7.6%.</li>
<li>Financings picked up massively in October as generalist capital returns to the mining industry, providing much-needed capital to the juniors.</li>
</ul>


Following strong performance in September, the precious metals again posted excellent returns, with gold being up 3.2% (to ATHs) and silver being up 4.1% (reaching its highest price in 12 years).
The mining equities had mixed performance relative to the metals with the GDX up 1.3%, GDXJ up 5.7%, SIL up 10.2%, and COPX down 7.6%.
Financings picked up massively in October as generalist capital returns to the mining industry, providing much-needed capital to the juniors.


External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

DIRTT Environmental Solutions / Equity Bottom-Up

Dirtt Environmental Solutions Ltd is a technology-driven manufacturer of highly customized interiors. The Company combines proprietary 3D design, configuration and manufacturing software with integrated in-house manufacturing of prefabricated interior construction solutions and an intercontinental Distribution Partner network.

<ul><li>Dirtt specializes in renovations and new builds of healthcare facilities, with designs that can easily adapt to specific needs</li><li>Dirtt's innovative approach to interior construction, customization, and efficiency sets it apart from competitors</li><li>Despite challenges during the pandemic, Dirtt's transformation and lower valuation make it a potential value investment opportunity</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Dirtt specializes in renovations and new builds of healthcare facilities, with designs that can easily adapt to specific needsDirtt's innovative approach to interior construction, customization, and efficiency sets it apart from competitorsDespite challenges during the pandemic, Dirtt's transformation and lower valuation make it a potential value investment opportunityThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Dirtt Environmentl Solutions (DRT.) - Thursday, Aug 1, 2024

External broker reports(aggregated public sources), Scotiabank

Scotiabank

External broker reports(aggregated public sources)

Scotiabank’s global foreign exchange strategy team provides in-depth regional insights and macro-economic analysis for G10 and advanced economies, Asia Pacific, and Latin America. Find technical and fundamental strategy reports focused on trade ideas, market risks, and the unfolding macro outlook. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

FX & Rates

The Canadian dollar is the official currency of Canada. 

<ul><li>The CAD is down modestly against the USD on the week, just about holding above 2-year range lows.</li><li>It is trading a little better than its commodity peers on the week but underperforming slightly versus the EUR, GBP and JPY.</li><li>The shift in CAD-negative variables appears to have stabilized, with the CAD fair value estimate holding around 1.3930 since mid-week. Measured correlations are very weak. Things are not getting worse but they are not getting obviously better for the CAD. Reaching to clutch a couple of CADpositive straws, the TRIX oscillator is rolling over more clearly. It has done a decent job of catching broader peaks and troughs in USDCAD recently. And, looking back over the past few years, the USD has tended to peak around this time of the year and these sorts of levels (October 2022 ~ 1.3977 and November 2023 ~ 1.39).</li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

The CAD is down modestly against the USD on the week, just about holding above 2-year range lows.It is trading a little better than its commodity peers on the week but underperforming slightly versus the EUR, GBP and JPY.The shift in CAD-negative variables appears to have stabilized, with the CAD fair value estimate holding around 1.3930 since mid-week. Measured correlations are very weak. Things are not getting worse but they are not getting obviously better for the CAD. Reaching to clutch a couple of CADpositive straws, the TRIX oscillator is rolling over more clearly. It has done a decent job of catching broader peaks and troughs in USDCAD recently. And, looking back over the past few years, the USD has tended to peak around this time of the year and these sorts of levels (October 2022 ~ 1.3977 and November 2023 ~ 1.39).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CAD Weekly Outlook - Soft CAD Steadying Near Recent Lows

Canada
Insights on Canada

Thematic Report: Slowdown in India's Credit Sector

RBI halts loan sanctions for NBFCs due to excessive rates and rule violations, signaling concerns over rising NPAs in retail lending and prompting...

Nimish Maheshwari

Cybin, Inc. - Why Compass Pathways Is No Compass for Cybin's Progression Prospects

To conserve cash to fund its COMP360 program, Compass also announced a corporate restructuring involving the downsizing of staff by ~30% as well as...

Water Tower Research

Mining Monthly: October Edition

Following strong performance in September, the precious metals again posted excellent returns, with gold being up 3.2% (to ATHs) and silver being...

Atrium Research

Dirtt Environmentl Solutions (DRT.) - Thursday, Aug 1, 2024

Despite challenges during the pandemic, Dirtt's transformation and lower valuation make it a potential value investment opportunity

Value Investors Club

CAD Weekly Outlook - Soft CAD Steadying Near Recent Lows

It is trading a little better than its commodity peers on the week but underperforming slightly versus the EUR, GBP and JPY.

Scotiabank

Thematic Report: Slowdown in India's Credit Sector

​RBI halts loan sanctions for NBFCs due to excessive rates and rule violations, signaling concerns over rising NPAs in retail lending and prompting...

Nimish Maheshwari

Cybin, Inc. - Why Compass Pathways Is No Compass for Cybin's Progression Prospects

To conserve cash to fund its COMP360 program, Compass also announced a corporate restructuring involving the downsizing of staff by ~30% as well as...

Water Tower Research

Mining Monthly: October Edition

Following strong performance in September, the precious metals again posted excellent returns, with gold being up 3.2% (to ATHs) and silver being...

Atrium Research

Dirtt Environmentl Solutions (DRT.) - Thursday, Aug 1, 2024

Despite challenges during the pandemic, Dirtt's transformation and lower valuation make it a potential value investment opportunity

Value Investors Club

CAD Weekly Outlook - Soft CAD Steadying Near Recent Lows

It is trading a little better than its commodity peers on the week but underperforming slightly versus the EUR, GBP and JPY.

Scotiabank

RBI halts loan sanctions for NBFCs due to excessive rates and rule violations, signaling concerns over rising NPAs in retail lending and prompting...