homemarket Newsstocks News

Bullish on large cement cos; ITC an underdog in FMCG pack: Anand Tandon

market | Oct 20, 2020 4:21 PM IST

Bullish on large cement cos; ITC an underdog in FMCG pack: Anand Tandon

Mini

Cement is a sector that is likely to do better, said Anand Tandon in an interview with CNBC-TV18. “As a commodity play, the best way is to look at the largest companies in the sector and UltraTech Cement clearly makes the cut. Among other large companies, ACC and Dalmia Bharat are also good companies to look at,” he said.

Cement is a sector that is likely to do better, said Anand Tandon in an interview with CNBC-TV18. “As a commodity play, the best way is to look at the largest companies in the sector and UltraTech Cement clearly makes the cut. Among other large companies, ACC and Dalmia Bharat are also good companies to look at,” he said.

Recommended Articles

View All

Bajaj Finance is one of the few non-banking financial companies (NBFCs) one can look at but it is not particularly cheap and for the near-term there will be some pressure, he said. “You can get better liability franchises right now which are cheaper in the form of banks,” he added.
Speaking about fast moving consumer goods (FMCG) sector, he said, “If you are looking at FMCG, I would start to look at ITC. There is a case to be made for the underdogs right now.”
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng