Harendra Kumar bullish on cement space

Harendra Kumar of Elara Capital told CNBC-TV18, "Be it Tata Communications, we like the consumer discretionary spends. So, we have just initiated on Raymond and we have extremely bullish stance on midcap cement on the central space which is HeidelbergCement India and Prism Cement. So, these are some names which we are working on in the interim and trying to push them to investors."

At 10:44 hrs Prism Cement was quoting at Rs 103.15, down Rs 0.95, or 0.91 percent.

Disclosure: Analyst has advised the above stock to his clients.