Positive on steel, negative on cement: Prabhudas Lilladher

Apurva Shah, Vice President & Head Of Research , Prabhudas Lilladher

Any take on steel or any sector linked with railways, like cement?

We are positive on steel and not specifically because of this budget or anything but because the prospects are looking good for steel and to that extent we are positive on the sector. We like Tata Steel, we like JSW in this sector and cement we remain negative even though the freight rates have not been changed and that would not change our view on the cement sector. We are still negative on cement and will probably remain negative for the next four to six months at least.