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Buy Madras Cement, says SP Tulsian

Published on Tue, Nov 10, 2009 at 11:40 |  Source : CNBC-TV18

Updated at Tue, Nov 10, 2009 at 20:09  

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SP Tulsian, Investment Advisor

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Madras Cements

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Buy Madras Cement , says Investment Advisor SP Tulsian .

Tulsian told CNBC-TV18, "Though I am not very positive on cement stocks but sometimes you have the idea that the story of takeover of the companies will start and one should keep an eye on takeover targets. For that reason I find Shree Cement as a suitable candidate; the company has best fundamentals, they have the highest EBITDA margins and the company also may become a takeover candidate and in the south Madras Cement holds some potential to buy at these levels."

  

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