Prefer midcap cement stocks: Sudip Bandyopadhyay

Sudip Bandyopadhyay of Destimoney Securities told CNBC-TV18, "We like the midcap cement companies, we believe that construction boom which will be generated by the smart city project and all the road constructions and housing construction which is being talked about there is value sitting in midcap space and in the cement sector. Company like Dalmia Bharat has been one of our top picks for quite some time. We like Mangalam Cement as well; I am sure there are other cement opportunities but these two are definitely our favourites."Mangalam Cement ended at Rs 270 on the BSE.The share touched its 52-week high Rs 354 and 52-week low Rs 216.90 on 20 November, 2014 and 25 July, 2014, respectively.