Buy Setco Auto in auto ancillary space: Prakash Diwan

In a chat with ET Now, Prakash Diwan, Director, Altamount Capital Management, shares his views Setco Auto.

ET Now: Any top idea that you are recommending at this point to clients or high conviction idea if you cannot talk about specific recommendations?

Prakash Diwan: If you look at the kind of turnaround in the CV cycle that we have been talking about one of the beneficiaries of that is an ancillary company called Setco Auto with a leader on the clutch side of the business.