Hold JK Lakshmi Cement, says Vijay Chopra

Vijay Chopra of enochventures.com told CNBC-TV18, "I am fairly bullish on the cement story and JK Lakshmi Cement has done well in the last one year. I suppose that the way the company has performed, if it keeps on performing in the same fashion, the stock can inch up to Rs 550. So definitely hold on to the stock, do not get panicked when there are certain market corrections."

"My sense is that you should definitely hold on. There is another Rs 100 for sure in this counter, but one has to wait for maybe 12-18 months for that to happen," he added.