SECOND TEAM

Harrish Zaveri Deutsche Bank

In second place is Harrish Zaveri, whose “experience gives his recommendations heft,” asserts one supporter. The Deutsche Bank analyst, who is also No. 1 in Consumer/Discretionary and No. 3 in Media, upgraded Dabur India from hold to buy in February 2010, at 86.73 rupees, citing robust sales at the Uttar Pradesh–based manufacturer of household and personal care products. Last July, after the stock had surged 20.5 percent, to Rs104.48, Zaveri downgraded it back to hold, on valuation. The stock advanced 11.8 percent, to Rs116.85, through May, but the researcher is standing his ground. “The recent rise in the stock price has to do with the inclusion of the stock in the MSCI India index, and consequently higher liquidity since MSCI is a benchmark for a lot of India funds,” Zaveri explains.