Look at power ancillary stocks, says Deven Choksey

Deven Choksey of KRChoksey Investment told CNBC-TV18, "Generally we like the ancillary sector to the power sector and we believe that whether the domestic market or the exports market - one would probably see the quantum of orders getting released for these companies. Certainly, they are in for better time for sure.""We don’t have direct coverage on KEC International but we believe that likes of Apar, Sterlite Technologies, where they have got larger size of the business particularly coming from the aluminium conductor business, they would probably be the bigger beneficiaries of this move, which is right now happening. So certainly this space, power ancillary companies augurs well for coming year," he added.