Cement stocks to outperform in coming months: VK Sharma, HDFC Securities

In a chat with ET Now, VK Sharma, Head of Business, Private Broking & Wealth Management, HDFC Securities, shares his views the cement sector.

ET Now: What is your call on the cement space?

VK Sharma: Cement is one industry which is going to outperform in the coming months. Therefore, the growth in both ACC and Ambuja can continue in terms of stock prices after they have given some sideways accumulation but the southern companies for the first time have done much better.

Even if we look at the small caps, the entire industry is doing well. So, this will remain a industry in which we buy on dips. Ambuja is unlikely to disappoint in terms of results and we would be also looking to look at buy Hindalco at dips in case the results are okay.