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 CementsMangalam 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."