Madras Cement looks good, says Sukhani

Madras Cement is looking good among cement stocks, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, “I would not consider buying ACC and Ambuja Cement now. There are a couple of other cement companies that are doing very well. Madras Cement is a stock that is actually consolidating and moving up. So it is possible to divide cement into two parts. Look at the midcaps where there is an opportunity. I just named that.”
On March 04, Madras Cements closed at Rs 243.70, down Rs 0.25, or 0.10%. It has touched an intraday high of Rs 245.90 and an intraday low of Rs 241.50.