0

0

0

0

0

0

0

0

0

market | IST

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

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.
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.”