Deccan Cements, Kakatiya Cements will give more upside: Diwan

Prakash Diwan of prakashdiwan.in told CNBC-TV18, "I would believe that the action will start moving to the midcap and the smaller companies in the likes of Prism Cement which are also into RMC side of the business because construction activity, as soon as it picks up, the RMC guys will be the first ones to, of course the bigger ones are already into that. UltraTech Cement, Ambuja Cements, ACC and HeidelbergCement are very active on the RMC side." "However, Prism Cement is one stock that I feel is under-rated. Disclosure is that we have our clients investment to that and my own personal long-term investment has been into this company also. Look at smaller company like Sagar Cement, it was miraculous the moment they got the last mile transportation in place with the rail siding coming in," he said."Look at Deccan Cements, look at Kakatiya Cements, the smaller ones will give you much more upside. The bigger ones are full priced. So look at some of these midcap cement plays like India Cements," he added.