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Buy ACC, says Sudarshan Sukhani

Buy ACC, says Sudarshan Sukhani of s2analytics.com.

December 04, 2012 / 10:59 IST
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Buy ACC, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "ACC has just rallied yesterday, all cement stocks went up but it is possible that ACC’s  correction is over now. The sector itself is in a sustained up move. It would be a buying opportunity. Yesterday ACC  saw big gains. So perhaps we want to wait for the stock to quiet down intraday but it is a long idea." He further added, "DB Realty has been moving up, it has doubled itself so clearly the market likes it. Anything that moves up like this should be bought into. My only problem is that I have other opportunities in the realty sector, so I prefer them, Housing Development Infrastructure Ltd (HDIL), Indiabulls Real Estate but the stock is a buy."
first published: Dec 4, 2012 10:48 am

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