SP Tulsian positive on ACC, Ambuja Cements

SP Tulsian of sptulsian.com told CNBC-TV18, "I like stocks like ACC and Ambuja Cements. In fact if one really sees now, monsoon is coming to an end. Due to the heavy monsoon pan India there has been poor off-take or there has been low off-take of the cement. Now that is coming to and end. If one sees the bunching of the projects having taken place may be the activity will really pick up now. I am not saying the pricing power will come back to the cement companies, but there will be good off-take."

"I will keep a positive stance on ACC and Ambuja Cements, but if one wants to look to the smaller stocks maybe Madras Cements also attracts the attention to buy at the current level or second could be Shree Cements," he said.