Go for Ambuja, ACC in cement pack: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, director, trendwatchindia, talks about the outlook of cement stocks.

How are the cement stocks doing on the charts?

Cement stocks have been doing reasonably well. Ambuja and ACC have been doing quite well for a couple of months. They did not get affected by the market decline; going up not may be in leaps and bounds but quite steadily. Ambuja Cements probably can be expected to do better than most other cement pack stocks. You had stocks like India Cements, which were lagging a little bit but have now woken up with the rally. Given that these are again catch-up plays, I would stick with the leaders and that have to be Ambuja and ACC at the moment. UltraTech has also been quite good actually.