We have collected fundamental calls available in the public space. We define public space as media sites which are broker neutral and thus have considered recommendation on Moneyontrol, Economic Times NDTV Profit, Business India and Dalal Street Investment Journal. We measure the performance of the recommendation basis the price at which it came into the public domain and not the price at which it was recommended. We do this so that the performance of the call is measured since the time a retail investor could have acted upon it.

For our rating methodology we bifurcate calls basis market cap of stocks at the time of recommendation. Brokers are rated separately in each market cap category.

To qualify for rating in each category the broker should have given at least 12 calls in the last 15 months

Neutral and hold calls are excluded from evaluation. Also, Active calls which are given in the last 3 months are excluded to give the call more time to perform

We define success rate as number of calls that have moved in the direction predicted. To qualify for rating criteria broker should have at least a 50% success rate

The final rank of the broker is basis the average returns generated by his calls as measured against returns delivered by all brokers in the market cap category