Prefer Ramco Cements: Vishal Jajoo

Vishal Jajoo of Nirmal Bang Securities told CNBC-TV18, "I will look at midcap cement stocks and that to if I am looking at a significant recovery happening in the southern markets. If I want to play, then The Ramco Cements for that matter and maybe one more way to Ramco Cements is to look at Ramco Industries which is the group company, whose market cap is Rs 600 crore and whose core business is showing signs of traction over the last couple of quarters. It has got investment worth Rs 1,800 crore at the present value in Ramco Cements."

On September 8, 2014 The Ramco Cements closed at Rs 339.70, up Rs 0.25, or 0.07 percent. It has touched an intraday high of Rs 342.70 and an intraday low of Rs 331.90.