JK Lakshmi Cement is fairing well: Siddharth Sedani

Siddharth Sedani, Sr Manager (Portfolio Management Services), Microsec Capital Ltd., in a chat with ET Now talks about JK Lakshmi Cement.

Your perspective on any particular stock that you would like to recommend in a market like this.

In terms of this market, there is nothing to worry because it is more of a global cues which is playing on the markets especially Chinese markets which is taking a toll on the Indian markets but overall if you look at, we can take a contra call on JK Lakshmi Cement though it is in the cement counter and cement is not doing that great but JK Lakshmi Cement can turnaround and due to lot of infrastructure plays and their margins also are little bit better poised than the other market players. Even you look at the stock EV by EBITDA as well as EV per tonne, the stock is fairing very well. So one can invest in this stock and look at 20% to 25% return in 6 months perspective.