Look at Arvind, says Prakash Diwan

Prakash Diwan of prakashdiwan.in told CNBC-TV18, "Arvind saw build up and went to made new highs. Now, we are actually stepping into some of the best quarters for companies like Arvind. They have efficiency on their side, they have margins that they could improve on and the competition in this area given the fact that GST is eventually going to come from unorganised side is going to reduce, so the pricing differential between unorganised and organised players is actually going to come down dramatically. So players like Arvind will definitely get re-rated.""It is just a matter of time in fact it is an opportunity for people to buy into this given the misunderstanding that some of the people have on the numbers being weak. So I definitely feel it is a very promising story which is still, it is work in progress," he added.