Bearish IndiaMart (INMART IN): Against Consensus with Nitin Mangal and Pranav Bhavsar

In this episode, recorded on 23 February 2022, we welcome back Nitin Mangal and Pranav Bhavsar, who share their actionable, counter-consensus look into IndiaMart (INMART IN). While the stock is well-owned, forensic accounting and investigative due diligence from our Analysts suggests that risks are grossly under-appreciated. Nitin and Pranav take us through their investigating process, and then drill down to some of their key findings. Smartkarma subscribers can find the presentation here: https://skr.ma/nRMHYFysNXHAzkmc7 Nitin Mangal is a SEBI registered Research Analyst with more than 10 years of experience in Indian equities. He is Pioneer of Corporate Governance and Accounting Research in Indian Market and has successfully developed a product for Institutional Investors named as "Analysis Beyond Consensus" during his association with Edelweiss Securities Ltd, Mumbai. Follow his work at: https://skr.ma/XBundkdDTFj4KAwe8 Pranav Bhavsar is the Founder of ASA Capital Management, focusing on research on consumer themes and companies operating in India or global companies that have significant exposure to India or the Indian economy. Follow his work at: https://skr.ma/4QXnLWjxzTGGMBRZ7 This podcast is provided for general informational and entertainment purposes only, and is not intended to provide financial, investment or other professional advice. Views expressed by third parties do not necessarily represent Smartkarma’s views. Smartkarma assumes no responsibility or liability for the accuracy, compliance or completeness of the podcast or the information it contains. Users should not rely on the podcast or the information it contains when making individual, business or other strategic decisions and should always consult a qualified expert or professional adviser.