Here are some of the key facts, figures and noteworthy results of the 2015 All-India Research Team survey, Institutional Investor’s exclusive annual ranking of the nation’s leading sell-side equity analysts.
Number of analysts on the team: 71
Number of firms they represent: 22
Number of analysts who meet the eligibility criteria: 153*
Number of firms they represent: 30*
(*Information about analysts who meet minimum-vote and other eligibility criteria but do not make the team — which is limited to the top three analysts or squads in each sector, plus runners-up where applicable — is available from the Institutional Investor Research Group. For information please contact Alyssa Walker at 212-224-3677 or awalker@iiresearchgroup.com.)
Number of participating buy-side individuals: 250
Number of participating buy-side institutions: 150
Total Indian equity assets under management of participating buy-side institutions: $20 billion
Most popular sectors as measured by number of voters**:
- Financials (winner: Ashish Gupta, Credit Suisse)
- Economics (Chetan Ahya, Morgan Stanley)
- Autos & Auto Parts (Kapil Singh, Nomura)
- Health Care & Pharmaceuticals (Anubhav Aggarwal, Credit Suisse)
- Capital Goods (Venugopal Garre, Barclays)
Most popular sectors as measured by number of votes**:
- Financials (winner: Ashish Gupta, Credit Suisse)
- Economics (Chetan Ahya, Morgan Stanley)
- Health Care & Pharmaceuticals (Anubhav Aggarwal, Credit Suisse)
- Autos & Auto Parts (Kapil Singh, Nomura)
- Capital Goods (Venugopal Garre, Barclays)
(**Survey participants may name up to four analysts per sector.)
Most popular researchers (as measured by votes cast in each sector):
- Chetan Ahya of Morgan Stanley, Economics
- Anubhav Aggarwal of Credit Suisse, Health Care & Pharmaceuticals
- Suresh Ganapathy of Macquarie Capital Securities, Financials†
- Ashish Gupta of Credit Suisse, Financials
- Sonal Varma of Nomura, Economics
(†Votes are weighted by place awarded — first, second, third or fourth — and Indian equity assets under management of the participating buy-side institution, which is why an analyst with more votes may rank below someone with a higher weighted score. For more information see Methodology.)
Analysts making their first appearances in first place:
- Ashish Gupta of Credit Suisse, Financials
- Neelkanth Mishra of Credit Suisse, Basic Materials and Portfolio Strategy
- Amit Rustagi of Antique Stock Broking, Oil & Gas
- Kawaljeet Saluja of Kotak Securities, Information Technology
- Samar Sarda of Kotak Securities, Real Estate
- Kapil Singh of Nomura, Autos & Auto Partss
- Sunil Tirumalai of Credit Suisse, Telecommunications
Researchers who capture first place in more than one sector:
- Manoj Menon of Deutsche Bank:
- Consumer/Discretionary
- Consumer/Staples
- Neelkanth Mishra of Credit Suisse:
- Basic Materials
- Portfolio Strategy
Other analysts who appear in multiple sectors:
- Sameer Baisiwala of Morgan Stanley:
- Health Care & Pharmaceuticals (No. 2)
- Real Estate (No. 2)
- Rohit Chordia of Kotak Securities:
- Consumer/Discretionary (runner-up)
- Consumer/Staples (No. 3)
- Telecommunications (No. 2)
- Vivek Maheshwari of CLSA:
- Consumer/Discretionary (No. 3)
- Consumer/Staples (runner-up)
- Portfolio Strategy (runner-up)
- Arnab Mitra of Credit Suisse:
- Consumer/Discretionary (runner-up)
- Consumer/Staples (No. 2)
Number of analysts making their first appearance on the team: 15 (the full list can be found here)
