Looking for a dark horse? This stock to be more than a double play next Diwali: Sanjiv Bhasin

economictimes.indiatimes.com:

Sanjiv Bhasin, Director, IIFL Securities, says “dark horse play is very difficult to read but it is SW Solar. I gave you at 320, 340, it just hit Rs 400. It will be Rs 750 soon.

Order flow is expected to be Rs 14,000 crore in the coming year, 11-12% margin and they are the largest or the most reasonable player in MEP space on solar panels. And you can see the ascent as they have got any orders from their parent company yet. This stock is headed to double and next Diwali should be more than a double play.Is there any stock that you like from the cement vertical?Our top holding has been UltraTech and during the Adani chaos, we added both ACC and Ambuja and it was richly rewarded.

ACC and Ambuja combined have a 55 million tonne capacity and one can see the aggression as they are acquiring smaller players. Pricing is back and UltraTech with 128 million tonne capacity is going to rule the roost. We think cement prices are going to harden after this monsoon.

This monsoon has been rather severe but it is abating now and price rises will be across the board. Construction and infrastructure are the best places now. Cement consumption is at an all time high and it is only going to get better if you are in pedigree names like Ambuja, ACC and UltraTech.Adani Group of stocks have done rather well for themselves from the trough of the sell off to the recovery. It is just that markets have stopped talking about them.Correct.