The Wall Street Journal on Monday published the results of its Asia's Best Analysts survey, an inaugural sister project to the 19th annual Best on the Street analysts survey in the U.S. The survey was based on the data collected by FactSet Research Systems Inc. on the analysts' performance on their buy, sell or hold recommendations. Of 21 sectors and 10 countries that the report covered, six analysts from India emerged as winners across six sectors while 13 analysts made it to the final list. In total, India had 19 winners in this year’s ranking, second only to South Korea, which had 20.
Ishank Kumar of Religare Hichens Harrison (India) was the Indian analyst who ranked highest. He made a top pick with a "buy" call on Manappuram General Finance & Leasing Ltd., which he maintained throughout 2010 for a 130% return.
Vikas Mantri, an analyst with ICICI Securities Ltd. topped The Wall Street Journal’s Asia’s Best Analysts survey in the media sector. Among his top picks were Sun TV Network Ltd., which produces and broadcasts satellite television and radio programming in South India's regional languages.
- Gauri Anand
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