Ackruti City presents ET Now StarMine Analyst Awards 2011

Media News

Mumbai, March 23, 2011

Ackruti City Presents ET Now | StarMine Analyst Awards 2011-12. For the second year in a row, the world's leading financial market analyst awards will recognize the outstanding work of the top stock analysts and brokerages of the Indian markets. Different categories under which analysts will be awarded are across three distinct parameters: Recommendations' Performance (Stock Picking), Earnings Estimate Accuracy (Earnings Estimators) and brokerage firm whose analysts win the most analyst awards (Best Brokerage).

Speaking on the occasion, Mr. Tarun Anand, Managing Director and Senior Company Officer, South Asia for Thomson Reuters said, "Thomson Reuters StarMine Awards in India, recognize excellence in analyst, stock buy/sell recommendations and earnings estimates for Indian companies. These awards, now having become an industry measurement norm, seek to lead by example for individual analysts in bettering their performance. We are pleased to partner with ET Now, which has today become a leading choice of direct and accurate news, for the financial community."

The StarMine Analyst Awards and StarMine Broker Rankings recognize the world's top individual analysts and sell-side firms based on the objective measurement of their estimate accuracy and recommendation performance. These Awards are calculated using StarMine equity analyst performance data, which has been rigorously tested and proven in the marketplace since 1998.

The StarMine Analyst Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Lipper Fund Awards, the Extel Survey Awards, and the StarMine Broker Rankings.

Some of the analysts who received awards are Hitesh Goyal of Kotak Securities under 'Overall Stock Picking' category, Alpesh Mehta of Motilal Oswal Securities under 'Overall Estimating' category, Gauri Anand of MF Global-Sify Securities India Private Limited, Shirish Pardeshi of Anand Rathi Securities and many more have received awards under 'Industry Stock Picking' category. Reilgare Securities has been adjudged as the 'Top Broker'.

For further information, please contact:

LinOpinion – The Lintas Public Relations Division

Jimit Shah

Email: Jimit.Shah@loweworldwide.com