India Cements will ride the crest for some time: Sandip Sabharwal

In a chat with ET Now, Sandip Sabharwal, asksandipsabharwal.com, shares his views on India Cements Ltd

ET Now: What about India Cements Ltd? Does it seem like the up move in the stock could last because now at least there is clarity on what is happening?

Sandip Sabharwal: The leveraged companies will benefit in the cement space. There are very less number of leveraged companies today if you see and India Cement is one of them. So it benefits because of fuel cost saving, interest rates are going down and on top of that, if you have a uptick in prices and this controversy finally settling one way or the other, then it could be beneficial for the stock.