Prefer Ramco Cements, Repco Home Finance: Deepak Shenoy

Deepak Shenoy of capitalmind.in told CNBC-TV18, "The medium-term is where we are looking at. There is a couple of interesting plays there. First stock that has gone up today is The Ramco Cements. It is a lower PE player and cement production growth in the IIP that we have noticed, is about 13 percent year-on-year (YoY). So, that has been a big move. We see that there is probably a movement coming in the cement space there.""Also, Repco Home Finance, primarily on the back of the fact that they have cheaper loans, they have no exposure to builder loans. They are sub Rs 20 lakh loans on average, so we believe that they will make the best out of recovery at least in the smaller towns as well," he added.