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

Forensic Accounting

OLA Electric Mobility Limited manufactures electric vehicles. The Company focuses on designing, engineering, and manufacturing of electric scooters and bikes, as well as components like battery packs, motors, and vehicle frames. OLA Electric Mobility serves customers worldwide.

<ul>
<li>Ola Electric saw a sharp sales collapse, lost its E2W leadership to TVS Motor, and witnessed founder Bhavish Aggarwal selling 1.54% stake worth INR 234 crore across two sessions.</li>
<li>The combination of a ~50–70% sales decline, market share erosion, guidance cuts, and promoter stake sales raises concerns around demand sustainability, execution gaps, and balance-sheet stress at the promoter level.</li>
<li>Despite selective operational improvements, Ola Electric’s weakening sales momentum and promoter de-risking signal a shift from aggressive growth to damage control, warranting a cautious stance until demand visibility stabilises.</li>
</ul>


Ola Electric saw a sharp sales collapse, lost its E2W leadership to TVS Motor, and witnessed founder Bhavish Aggarwal selling 1.54% stake worth INR 234 crore across two sessions.
The combination of a ~50–70% sales decline, market share erosion, guidance cuts, and promoter stake sales raises concerns around demand sustainability, execution gaps, and balance-sheet stress at the promoter level.
Despite selective operational improvements, Ola Electric’s weakening sales momentum and promoter de-risking signal a shift from aggressive growth to damage control, warranting a cautious stance until demand visibility stabilises.


Ola Electric's Margin-Led Promoter Selling and Operational Sales Collapse Raise Governance Concern

Equity/Index & Cross Asset Volatility Specialist, Cameron Design

Jay Cameron

Equity/Index & Cross Asset Volatility Specialist

Cameron Design

We specialize in financial products and volatility. Our strategies balance speed, data, and risk control to capture opportunities across global markets. Our research leverages AI and data analytics to continuously refine our algorithms and adapt to evolving market dynamics.

Equity Derivatives

The MSCI World Index is a free-float weighted equity index. It was developed with a base value of 100 as of December 31, 1969. MXWO includes developed world markets, and does not include emerging markets. MXWD includes both emerging and developed markets.

<ul>
<li>The bullish outlook for global equities is driven by the macro strength of Developed Markets, including US upside and Eurozone resilience, plus corporate governance reforms.</li>
<li>Central bank divergence, FX risks 2026+ may warrant a look at VIX and gold portfolio hedges.</li>
<li>KOSPI 200 led 2025 gains among our selection of indices, highlighting AI alpha from memory chips as another dimension to the global GPU rally.</li>
</ul>


The bullish outlook for global equities is driven by the macro strength of Developed Markets, including US upside and Eurozone resilience, plus corporate governance reforms.
Central bank divergence, FX risks 2026+ may warrant a look at VIX and gold portfolio hedges.
KOSPI 200 led 2025 gains among our selection of indices, highlighting AI alpha from memory chips as another dimension to the global GPU rally.


Global Markets: US Rates, Korean Alpha, and the AI Diversification Thesis

Korea / Special Situations, Clepsydra Capital

Sanghyun Park

Korea / Special Situations

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

SK Square Co., Ltd. operates as an investment company. The Company invests in semiconductors, information and communications technologies, and other industries. SK Square conducts businesses in South Korea.

<ul>
<li>ADR odds are tiny. Both Samsung and Hynix have thin control stakes, making governance risk too high. Neither is willing to chase a valuation pop at the expense of stability.</li>
<li>Still can’t ignore it, since the ADR chatter is meaningfully swinging the pair trades. Samsung pref spread and Hynix/Square are both getting pushed around.</li>
<li>ADR noise cooled today, but it can easily resurface and skew the setup. Treat as noise, but be ready to hit aggressive reversion trades when it pops again.</li>
</ul>


ADR odds are tiny. Both Samsung and Hynix have thin control stakes, making governance risk too high. Neither is willing to chase a valuation pop at the expense of stability.
Still can’t ignore it, since the ADR chatter is meaningfully swinging the pair trades. Samsung pref spread and Hynix/Square are both getting pushed around.
ADR noise cooled today, but it can easily resurface and skew the setup. Treat as noise, but be ready to hit aggressive reversion trades when it pops again.


Read-Through on the Samsung/Hynix ADR-Listing Noise

Chief Executive Officer, Emmer Capital Partners Limited

Manishi Raychaudhuri

Chief Executive Officer

Emmer Capital Partners Limited

Emmer Capital Partners is an Asia Pacific focused financial advisory firm engaging in strategic financial asset allocation advice, bespoke thematic research and advising early-stage companies and connecting them to investors. Emmer Capital provides macro-economic and multi-asset investment strategy inputs to institutions, family offices, private wealth managers, private equity, and corporate boards directly and through independent research platforms. Emmer Capital also advises a wide range of startup companies on fund raising and business strategy. Emmer Capital's active engagement with the print and electronic media reaches a broad spectrum of investors across the globe.

Cross Asset Strategy

<ul>
<li>Asia's forward PE and P/BV peaked in late October and are moderating now. Korea, Taiwan, China rerated the most. But viewed against ROE, Korea looks cheaper than 6 months ago.</li>
<li>Going by PE viewed against forward EPS growth and P/BV against forward ROE, the well-known conclusion - Korea cheap, India expensive - remains unaltered. Onshore China appears slightly overvalued now.</li>
<li>Persistent initiatives to improve corporate governance are boosting Korea's and Taiwan's valuation. Upward revisions in earnings estimates are getting broad-based, indicating the commencement of improving earnings momentum.</li>
</ul>


Asia's forward PE and P/BV peaked in late October and are moderating now. Korea, Taiwan, China rerated the most. But viewed against ROE, Korea looks cheaper than 6 months ago.
Going by PE viewed against forward EPS growth and P/BV against forward ROE, the well-known conclusion - Korea cheap, India expensive - remains unaltered. Onshore China appears slightly overvalued now.
Persistent initiatives to improve corporate governance are boosting Korea's and Taiwan's valuation. Upward revisions in earnings estimates are getting broad-based, indicating the commencement of improving earnings momentum.


Asian Equities: Valuation Leaderboard Reshuffle Driven by Market Reforms and Earnings Boost.

Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

MS&AD Insurance Group Holdings, Inc. is a holding company established through reorganization of Mitsui Sumitomo Insurance Company, Limited.  The Group writes marine, fire, casualty, automobile, life, and allied insurance policies. MS&AD Insurance Group also operates financial services and agencies.

<ul>
<li>TSE-Listed companies are asked to file "Management Conscious of Capital Cost/Stock Price" awareness reports/policies. Many have. Some are still working on it. And policies change, and CGR reports are updated.</li>
<li>This report skipped two months as there were no real developments until the 13 November Council meeting. 262 companies filed CGRs in November, 243 in October, 230 in September.</li>
<li>The most recent set of documents has some really disappointing comments and questions from companies and their executives. It makes one wonder...</li>
</ul>


TSE-Listed companies are asked to file "Management Conscious of Capital Cost/Stock Price" awareness reports/policies. Many have. Some are still working on it. And policies change, and CGR reports are updated.
This report skipped two months as there were no real developments until the 13 November Council meeting. 262 companies filed CGRs in November, 243 in October, 230 in September.
The most recent set of documents has some really disappointing comments and questions from companies and their executives. It makes one wonder...


[Japan CorpGov] TSE "Mgmt Conscious" Reports (Dec25), Really Disappointing CEO Comments/Questions

Corporate Governance
The slippery slope

Ola Electric's Margin-Led Promoter Selling and Operational Sales Collapse Raise Governance Concern

Ola Electric faces sales collapse, loses E2W leadership, and founder sells stake, raising concerns about demand sustainability and balance-sheet...

Nimish Maheshwari

Global Markets: US Rates, Korean Alpha, and the AI Diversification Thesis

Equities bullish due to strong Developed Markets, corporate governance reforms, and GPU upside in Asia and US/AI Memory alpha in Korea. CB...

Jay Cameron

Read-Through on the Samsung/Hynix ADR-Listing Noise

This post dives into the Samsung/Hynix ADR-listing noise, unpacking the implications and potential impacts for current pair-trade setups.

Sanghyun Park

Asian Equities: Valuation Leaderboard Reshuffle Driven by Market Reforms and Earnings Boost.

Asia's valuations are justifiably moderating. Over the past 6 months CN, KR & TW rerated & their EPS & ROE estimates increased too. KR & CN...

Manishi Raychaudhuri

[Japan CorpGov] TSE "Mgmt Conscious" Reports (Dec25), Really Disappointing CEO Comments/Questions

The (mostly) monthly report on TSE Corporate Governance and the updates from the Councils of Experts. December may be a more interesting month with...

Travis Lundy

Ola Electric's Margin-Led Promoter Selling and Operational Sales Collapse Raise Governance Concern

​Ola Electric faces sales collapse, loses E2W leadership, and founder sells stake, raising concerns about demand sustainability and balance-sheet...

Nimish Maheshwari

Global Markets: US Rates, Korean Alpha, and the AI Diversification Thesis

Equities bullish due to strong Developed Markets, corporate governance reforms, and GPU upside in Asia and US/AI Memory alpha in Korea. CB...

Jay Cameron

Read-Through on the Samsung/Hynix ADR-Listing Noise

This post dives into the Samsung/Hynix ADR-listing noise, unpacking the implications and potential impacts for current pair-trade setups.

Sanghyun Park

Asian Equities: Valuation Leaderboard Reshuffle Driven by Market Reforms and Earnings Boost.

​Asia's valuations are justifiably moderating. Over the past 6 months CN, KR & TW rerated & their EPS & ROE estimates increased too. KR & CN...

Manishi Raychaudhuri

[Japan CorpGov] TSE "Mgmt Conscious" Reports (Dec25), Really Disappointing CEO Comments/Questions

The (mostly) monthly report on TSE Corporate Governance and the updates from the Councils of Experts. December may be a more interesting month with...

Travis Lundy

Ola Electric faces sales collapse, loses E2W leadership, and founder sells stake, raising concerns about demand sustainability and balance-sheet...

Asia's valuations are justifiably moderating. Over the past 6 months CN, KR & TW rerated & their EPS & ROE estimates increased too. KR & CN...