Adani Power stocks are strong bet: Networth
ET Now talks to Prakash Diwan, Head - Institutional Business, Networth Stock Broking.
Any particular stock picks rights now from the energy segment as a whole?
Going forward, Adani of course is a strong bet because it is looking at execution to be much ahead of the others of the pack. I also particularly like JSW Energy because they have tied up quite a lot of those loose ends, which earlier were keeping the stock down as compared with the peers. It probably should also get its fair valuation as people understand the kind of composite integration that they have done in terms of few linkages, BTG supplies, the kind of output offtake from the power plants, which they are setting up, so in all JSW Energy should be kind of re-rated a bit and should look up. Adani continues to be a strong bet but I would give some more marks to JSW Energy at this point in time.
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