Avoid Ambuja: Vinith Jain, Director, Siddh Capital

Vinith Jain, Director, Siddh Capital, in a chat with ET Now talks about cement stocks.

Do you like any of the cement stocks?

I have been bearish on the cement stocks for quite sometime. ACC and JP have been very bearish. Recently, Ambuja has been some kind of outperformer but still that stock is not showing big potential here for any good upside. So I would prefer shorting ACC and JP whereas may be avoid Ambuja to some surprise on the upside.