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

Equity Bottom-Up

<ul>
<li>JSW Energy faces a significant regulatory setback with the rejection of its proposed tariff for a 500 MW/1000 MWh Battery Energy Storage System project by the Central Electricity Regulatory Commission. </li>
<li>This decision highlights the vulnerability of renewable energy ventures to regulatory changes, potentially leading to project delays, tariff renegotiations, and broader market uncertainty, which could impact India’s renewable energy goals.</li>
<li>The impact of this could be multiple ripple effects including project delays, financial loss, viability concerns of battery storage business.</li>
</ul>


JSW Energy faces a significant regulatory setback with the rejection of its proposed tariff for a 500 MW/1000 MWh Battery Energy Storage System project by the Central Electricity Regulatory Commission. 
This decision highlights the vulnerability of renewable energy ventures to regulatory changes, potentially leading to project delays, tariff renegotiations, and broader market uncertainty, which could impact India’s renewable energy goals.
The impact of this could be multiple ripple effects including project delays, financial loss, viability concerns of battery storage business.


Why Does JSW Energy's Battery Foray Go into Deep Trouble?

Event-Driven

<ul>
<li>The acquisition of O2 Power brings with it a robust portfolio of 4,696 MW of renewable energy assets, wherein JSWE’s Current operational capacity stands at 7740 MW</li>
<li>JSW Energy's total locked-in generation capacity will reach nearly 24,708 MW by June 2027, marking a substantial increase of 23% from its previous capacity of 20,012 MW</li>
<li>JSW Energy can leverage its in-house EPC and O&amp;M capabilities to unlock further value from the 4.7 GW portfolio.</li>
</ul>


The acquisition of O2 Power brings with it a robust portfolio of 4,696 MW of renewable energy assets, wherein JSWE’s Current operational capacity stands at 7740 MW
JSW Energy's total locked-in generation capacity will reach nearly 24,708 MW by June 2027, marking a substantial increase of 23% from its previous capacity of 20,012 MW
JSW Energy can leverage its in-house EPC and O&amp;M capabilities to unlock further value from the 4.7 GW portfolio.


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

Index Rebalance

<ul>
<li>With 3 trading days left in the review period, there could be 7 changes (including 2 migrations) for the <a href="https://www.smartkarma.com/entities/nse-nifty-next-50-index" target="_blank" data-smartkarma-citation="entities:36053:1" rel="noopener">NSE Nifty Next 50 Index (NIFTYJR INDEX)</a> in September.</li>
<li>Estimated one-way turnover is 18% resulting in a one-way trade of INR 55bn (US$660m). 9 stocks will have over 1x ADV to trade from passive trackers.</li>
<li>All the deletes are F&amp;O members while most adds are not. NSE Indices may have to revisit the index membership criteria especially given the launch of futures on the index.</li>
</ul>


With 3 trading days left in the review period, there could be 7 changes (including 2 migrations) for the NSE Nifty Next 50 Index (NIFTYJR INDEX) in September.
Estimated one-way turnover is 18% resulting in a one-way trade of INR 55bn (US$660m). 9 stocks will have over 1x ADV to trade from passive trackers.
All the deletes are F&amp;O members while most adds are not. NSE Indices may have to revisit the index membership criteria especially given the launch of futures on the index.


NIFTY NEXT50 Index Rebalance Preview: 7 Changes as Non-F&O Stocks Replace F&O Members

India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

<ul>
<li>A Detailed understanding of Thermal cum Renewable Power house <a href="https://www.smartkarma.com/entities/jsw-energy-ltd" target="_blank" data-smartkarma-citation="entities:14949:1" rel="noopener">JSW Energy Ltd (JSW IN)</a> Business and their ambitious target to achieve 10 GW by FY25.</li>
<li>Strategy 2.O, where company is planning for 20GW by 2025, energy storage system.</li>
<li>JSW Energy's strategic acquisitions and focus on renewables enhance growth prospects, with a vision to become a leading renewable energy provider.</li>
</ul>


A Detailed understanding of Thermal cum Renewable Power house JSW Energy Ltd (JSW IN) Business and their ambitious target to achieve 10 GW by FY25.
Strategy 2.O, where company is planning for 20GW by 2025, energy storage system.
JSW Energy's strategic acquisitions and focus on renewables enhance growth prospects, with a vision to become a leading renewable energy provider.


Dry Bulk Commodity Market Insights, DBX Commodities Limited

DBX Commodities

Dry Bulk Commodity Market Insights

DBX Commodities Limited

DBX provides the most accurate and comprehensive real-time data and insights for dry bulk commodities based on satellite imagery and intelligence.

Alex CLAUDE, an expert in commodity tech with 15 years experience in the commodity trading industry, teamed up with the Signal Group in 2020 and started DBX. 

Our product is the result of a unique combination of domain and technological expertise. We offer the most comprehensive, accurate and deepest research analytics of the dry bulk commodity market: coal, iron ore, alumina, bauxite, sugar, wheat, soybeans and soymeal.

Commodities

<ul>
<li>Despite a mom decline, February's coal-fired power  generation reached a record monthly high.</li>
<li>Power  demand in India—and consequently coal demand—is  expected to rise sharply, with peak demand  projected to approach 200 TWh in May according to official sources, driven by warmer weather and  anticipated heat waves. </li>
<li>The monthly decline in power generation resulted in  a 3.4 TWh drop in coal-fired output, while generation  from other energy sources remained broadly stable.</li>
</ul>


Despite a mom decline, February's coal-fired power  generation reached a record monthly high.
Power  demand in India—and consequently coal demand—is  expected to rise sharply, with peak demand  projected to approach 200 TWh in May according to official sources, driven by warmer weather and  anticipated heat waves. 
The monthly decline in power generation resulted in  a 3.4 TWh drop in coal-fired output, while generation  from other energy sources remained broadly stable.


India

JSW Energy Limited generates power by using Corex gas and coal. The Company, through its subsidiary, also operates lignite thermal power plant in Rajasthan and has a capacity to produce 3,140 megawatts of electricity. JSW is also present in the power trading and transmission businesses.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

JSW Energy Ltd (JSW IN)

Why Does JSW Energy's Battery Foray Go into Deep Trouble?

JSW Energy's proposed tariff for a Battery Energy Storage System project rejected by CERC, highlighting regulatory risks for renewable energy...

Nimish Maheshwari

JSW Energy X O2 Power: 25 GW Powerhouse

JSW Energy's acquisition of O2 Power boosts its renewable energy assets to 4,696 MW, with plans to reach 24,708 MW by 2027, leveraging in-house...

Nimish Maheshwari

NIFTY NEXT50 Index Rebalance Preview: 7 Changes as Non-F&O Stocks Replace F&O Members

There could be 7 changes for the Nifty Next 50. The addition of non-FnO stocks and deletion of FnO stocks raises index replication issues. Expect...

Brian Freitas

JSW Energy: Powering India's Future

JSW Energy Business Analysis: Powering India's Future, A Company focusing big on renewable and mega capacity expansion plans!

Sudarshan Bhandari

India Coal Monitor (12 March 2025)

Despite a mom decline, February's coal-fired power generation reached a record monthly high. Power demand in India—and consequently coal...

DBX Commodities

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Why Does JSW Energy's Battery Foray Go into Deep Trouble?

​JSW Energy's proposed tariff for a Battery Energy Storage System project rejected by CERC, highlighting regulatory risks for renewable energy...

Nimish Maheshwari

JSW Energy X O2 Power: 25 GW Powerhouse

​JSW Energy's acquisition of O2 Power boosts its renewable energy assets to 4,696 MW, with plans to reach 24,708 MW by 2027, leveraging in-house...

Nimish Maheshwari

NIFTY NEXT50 Index Rebalance Preview: 7 Changes as Non-F&O Stocks Replace F&O Members

There could be 7 changes for the Nifty Next 50. The addition of non-FnO stocks and deletion of FnO stocks raises index replication issues. Expect...

Brian Freitas

JSW Energy: Powering India's Future

JSW Energy Business Analysis: Powering India's Future, A Company focusing big on renewable and mega capacity expansion plans!

Sudarshan Bhandari

India Coal Monitor (12 March 2025)

Despite a mom decline, February's coal-fired power generation reached a record monthly high. Power demand in India—and consequently coal...

DBX Commodities

JSW Energy's proposed tariff for a Battery Energy Storage System project rejected by CERC, highlighting regulatory risks for renewable energy...

JSW Energy's acquisition of O2 Power boosts its renewable energy assets to 4,696 MW, with plans to reach 24,708 MW by 2027, leveraging in-house...