Harrish Zaveri Deutsche Bank The buy side says: “He evaluates companies in the context of the larger picture.”
In first place is Deutsche Bank’s Harrish Zaveri, 41. “He has a lot of experience, which gives color and heft to his recommendations,” observes one ally. Zaveri, who also ranks second in Consumer/Staples and in Media, wins praise for downgrading United Spirits from buy to hold in September, at 1,550.36 rupees, largely on valuation. The Bangalore-based distiller’s stock tumbled 31.6 percent, to Rs1,060.70, and lagged the sector by 33.3 percentage points, through May. In November, Zaveri initiated coverage on Noida’s Jubilant FoodWorks with a buy, at Rs596.15, on the Domino’s pizza licensee’s growing dominance of a still underpenetrated market. The stock gobbled up gains of 41.3 percent, to Rs842.30, by the end of May. Zaveri received a master’s degree in finance in 1998 from Hyderabad’s Institute of Chartered Financial Analysts of India and covered the consumer sector for HSBC Securities before moving to Deutsche in 2007.