Buy ACC, says Gaurang Shah

Gaurang Shah of Geojit Financial Services told CNBC-TV18, "ACC numbers are coming out today and we have had this coverage on cement sector for a long time wherein we have in total six companies, three largecap and three midcap. On ACC we do have a positive coverage and I hope the numbers are a shade better than what the estimates are; that is what our calculation is."

"If you actually look at the dispatches, our sense is that in the months to come by, on fallback of government spending on infrastructure and of course the revival of real estate sector via Real Estate Regulation Act (RERA), I think from a long term point of view you can definitely have a look at ACC. Start investing at current levels; I hope the numbers are good – if you want to buy it today, I would say that at least initiate a buy and post numbers tomorrow the stock reacts in case they are a little bit disappointing, then you can definitely add to it because in quarters to come by we are quite sure that earnings are going to look quite robust for the entire cement sector," he added.