Positive on India Cements, Century Textiles: SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "After hearing the management of UltraTech Cement where it was indicated of a double digit growth of cement. Coming on the potential of the companies which can enjoy the operating leverages is seen more in the companies those who are in the lower capacity, maybe anywhere between 2,00,000-10,00,000 tonne per annum capacity. Just focus on Andhra because of the construction of the Andhra and Telangana, the massive demand growth is seen there." "I am keeping my positive stance on India Cements but in case of India Cements also you have some of the issues involved or attached with the company, the way we have been seeing for Ashoka Buildcon. I am not saying that they are very severe or very grim, but you never know when they all can start coming on the surface. So, if you take a call, I am positive on Kesoram Industries and Century Textiles, which I have all been recommending maybe for last about 45 days or so. In these 45 days, both the stocks have risen by 25 percent or maybe closer to 30 percent," he said.Even today, Century Textiles is up by about Rs 35-40. So, continue to have a positive bias on these two stocks. I have been given recommendation in the past also like NCL Industries, Panyam Cements and Mineral Inds, Kakatiya Cement and they are all from Andhra and if you come on the Gujarat part, you have HeidelbergCement, Saurashtra Cement and Gujarat Sidhee Cement, those who are having the smaller capacity of anywhere between 2 and 5 lakhs and they have all been operating at a capacity utilisation of as low as 50 percent or maybe 45 percent." "So, yes, the operating leverages will be seen maximum playing in these stocks. Obviously for portfolio balancing within the sector also, you need to have a positive view on stocks like UltraTech Cement or maybe ACC and Ambuja Cements. But I will be courageous to have my exposure more into the stocks like Century Textiles, Kesoram and maybe few of the stocks which I have mentioned, even at the current level.""On tea stocks also, there are only three or four stocks available. Mcleod Russel, Harrisons Malyalam or Jayshree Tea still have good upside to move on from here."