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Industries: Financials - Third


Ashish Gupta Credit Suisse

Dubbed “one of the first to catch trends,” Ashish Gupta of Credit Suisse takes third place. In December 2010 he named State Bank of India a “top sell idea,” citing the Mumbai-based commercial lender’s high operating costs, underfunded pension obligations and overvaluation at 3,105.10 rupees. Through mid-May 2011 the stock plunged 26 percent, to Rs2,297.80, and trailed the sector by 16.1 percentage points. “Despite his close contacts with managements, Ashish renders independent judgments,” concludes another ally.

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