BWI: Religare Wins the Award for “Best Brokerage Research House”

Press release from Business Wire India
Source: Religare Capital Markets Limited
Thursday, March 24, 2011 12:15 PM IST (06:45 AM GMT)
Editors: General: People; Business: Advertising, PR & marketing, Banking & financial services, Business services, Financial Analyst, Media & entertainment, Stock exchanges
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Religare Wins the Award for "Best Brokerage Research House"


Mumbai, Maharashtra, India, Thursday, March 24, 2011 -- (Business Wire India) -- Religare Capital Markets Limited (RCML), the Investment Banking and Institutional Securities arm of financial services group, Religare Enterprises Limited, has been awarded the coveted Starmine Award for the 'Best Brokerage Research house'. At a glittering awards ceremony in Mumbai, RCML was the only firm to be so honored, for the overall excellence of its coverage of companies, and quality of research.

RCML's 35 member research team in India covers 185 listed stocks in India, serving the information needs of domestic and foreign financial institutions.

The StarMine Analyst Awards are part of the Thomson Reuters' global family of awards which celebrate exceptional performance throughout the professional investment 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 and are calculated using StarMine equity analyst performance data, which has been rigorously tested and proven in the marketplace since 1998.

Speaking on the recognition, Chief Executive Officer, Religare Capital Markets, India, Mr. Tarun Kataria, said, "We are truly delighted to receive this award, as it recognizes the considerable expertise sitting in our India equities and research business. To have received this award is a sign of the progress we have made, both in India and in other emerging markets."

In addition to the Best Brokerage Research House award, several Religare professionals won individual awards in various individual categories which included sectors such Real Estate, Transportation, Consumer Goods & Services, Energy and Information Technology.

About Religare Capital Markets

Religare Capital Markets (RCML) is part of Religare Enterprises Limited (REL) - an emerging markets financial services group. REL is committed to create in RCML a global emerging markets focussed Investment Banking and Institutional Securities business. RCML is continually adding to its suite of products and strengthening its team.

RCML comprises Religare Capital Markets plc (which is authorised and regulated by the Financial Services Authority and is a Member of the London Stock Exchange and the NASDAQ Dubai and acts as a broker for companies traded on the main and AIM UK Markets and is a PLUS Markets Corporate Adviser) and RCML (UK) Limited which is authorised and regulated by the Financial Services Authority and is able to act as Sponsor to companies on the Official List of the UK Listing Authority and as Nominated Adviser to AIM Companies. Currently, the principal areas of activity for RCML globally are institutional broking and research, Equity Capital Markets, M&A and in the UK, the firm also offers broking services to UK mid-caps.

For more details please visit www.religarecm.com


CONTACT DETAILS
Subhrangshu Neogi, Director- Brand & Corporate Communications, Religare Enterprises Limited, +91 (120) 6796165/ +91 9910993925, subhrangshu.neogi@religare.in
Samir Kapur, Religare Enterprises Limited, +91 (11) 39126174/ +91 9582805150, mediarelations@religare.in
Ryan Alan Marshall, Religare Enterprises Limited, +91 (11) 39126160/ +91 9560392631, mediarelations@religare.in
Sandeepa Santiago, Religare Enterprises Limited, +91 (11) 39126191/ +91 9899247442, mediarelations@religare.in

KEYWORDS
PEOPLE, MARKETING, BANKING, BUSINESS SERVICES, Financial Analyst, MEDIA, STOCK EXCHANGES

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