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Last Updated : Mar 10, 2016 04:40 PM IST | Source: CNBC-TV18

Positive on cement sector, says SP Tulsian

SP Tulsian of sptulsian.com has a positive view on the cement sector.

SP Tulsian of sptulsian.com told CNBC-TV18, "Summer is approaching, so, now considering that probably I will pick up Lloyd Electric and Fedders Lloyd because if you see, both have corrected quite a lot. I am referring some of the midcap stocks, there may be like Camphor & Allied Products in aromatic space catering to the electrolytic industry and MNC company with good fundamentals or maybe after considering the MMRDA Bill, the amendments which are likely to see the corporate action could be Kesoram Industries and Century Textiles. So, these are the few ideas."

"However, maybe continuing with theme probably I will choose three index stocks maybe UltraTech Cement because I am quite positive on the cement sector and I won’t be surprised to see the announcements crossing 100 million tonne capacity for UltraTech in this calendar year with all these organic moves or maybe the consolidation kind of things happening now," he said.

"United Spirits is definitely a buying opportunity for the investors."



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First Published on Mar 10, 2016 04:24 pm
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