Sanjiv Bhasin on a Dark Horse and 8 other top picks in power, banks & cement sectors

economictimes.indiatimes.com:

Sanjiv Bhasin, Director, IIFL Securities, says “among power stocks,, RattanIndia is my top pick of the year. DCB Bank and Dhanlaxmi Bank, are my two favourites and are in our portfolio. Along with that, Bank of Baroda, Can Bank, PNB are also looking very, very strong and if the Bank Nifty has got to lead, then those will participate. Further, I still think UltraTech, Ambuja are two stocks which should be in your portfolio while Concor is an undiscovered dark horse.”
How have you looked at the overall auto space?
Sanjiv Bhasin: So, before I get that, you have not seen REC, PFC. They have been four baggers from where we have been saying and still the numbers are the best. Power is like you have never seen it, in my 35 years I have never seen the type of return. Before I can go on the autos can I give you one power pick which I think should be the year's pick and for everyone who is in.

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So, just as I had given you JP Power at Rs 7, Reliance Power at whatever load they have gone up 10 times this is…. Now Rattan Power is a Rs 9 stock. It has 2700 thermal power megawatts. Two plants in Amravati and Nashik and this stock is definitely getting out of NCLT. It has very, very avid investors like Goldman Sachs and Varde and I think once it is out of NCLT this stock is a doubler