Buy Ramco Cements with a target at Rs 457: D K Aggarwal

D K Aggarwal, Chairman and MD, SMC Investments and Advisors Ltd, says the Governments' focus on infrastructure development, housing sector, smart cities, roads etc., augurs well for Ramco Cement


Ramco Cements Ltd expects demand for cement to rise in the near-term. The Governments' focus on infrastructure development, housing sector, smart cities, roads etc., augurs well for the company.

The management of the company is confident of meeting the upsurge in demand and participating proactively in the next phase of growth in the country. Its performance is much better than its peers.

Further, faster recovery in the Southern market will help improve its performance.