Hold on ACC: Sonam Udasi

In a chat with ET Now, Sonam Udasi, Head of Research, IDBI Capital, shares his views on ACC.

ET Now: What is your call on ACC?

Sonam Udasi: No surprises per se really, so essentially the call remains the same. Last time also we have discussed cement will be a market performer, I do not think despite the oversupply concerns it will continue to do what the market is doing just because the balance sheets of the top four are develeraged and therefore they can hold on, their holding capacity is significant and investors are liking that.