Buy ACC, Ambuja Cements and JP Cements: Prakash Diwan

Cement stocks could probably do some outstanding numbers very soon.

ET Now spoke to Prakash Diwan, Head - Institutional Business, Networth Stock Broking, on cement space.

Any favourites from the cement pack, would you buy any of the counter?

When you choosing a sector like cement that has been in some sort of a slumber for quite sometime and when you are looking it up you like to go with the leaders of course, while Ambuja and ACC offer the best potential to kind of ride the curve upwards as things move positively for the sector would still want to kind of diversify and look at some sharper growth from something like JP which again has from valuation perspective turned very attractive. Operations have not been hindered any which ways the raw material input cost of course has been and it concern for all of them but some of them have very smartly overcome those issues and these 2-3 names could probably do some outstanding numbers very soon.
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