Hold midcap cement sector

Published on Tue, Aug 29, 2006 at 11:42 |  Source : Moneycontrol.com

Updated at Tue, Aug 29, 2006 at 15:26  

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Anand Tandon of Gryffon Investment Advisors is of the view that midcap cement is still a safe sector to be holding on to.

Tandon told CNBC-TV18, "Midcap cement sector has a sharp run so you have to take that as a caveat but many of them still offer reasonable value in terms of at least a one-year horizon. Kesoram , Birla Corp , India Cements Mangalam Cement perhaps to some extend, Dalmia all of them, actually the whole cement space, you will expect to see a volume and price led growth coming in from that sector midcap cement is still a safe sector to be holding on to."

  

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