Heidelberg Cement, India Cement excellent bets: PN Vijay

Heidelberg Cement and India Cement are excellent bets in the cement space, says PN Vijay, Portfolio Manager, askpnvijay.com.

Vijay told CNBC-TV18, “The cement results will be pretty good; they are in a very sweet spot now because the demand situation continues to be robust and they have all added a lot of capacity. So they are getting the benefits of volume at the right time.”
He further added, “Cement has been a clear out performer among commodities by a long yard in the last 12 months. So one may be inclined to sell them off and do some bargain hunting in some other commodities but I would still say the winning run in cement is not yet over and if wanted to be a bit adventurous or bit into midcaps, then stocks like Heidelberg Cement, India Cement which is seeing a fresh life in the last few days could be excellent buys because they have got fairly good capacity, good managements and they have strong pricing power. So these are good midcaps for the risk taking guys, otherwise there is always your Ultratech cements of the world.”