homemarket Newsstocks News

Here's why Dipan Mehta prefers JK Cement, Birla Corp over frontline cement names

market | Oct 20, 2020 9:39 AM IST

Here's why Dipan Mehta prefers JK Cement, Birla Corp over frontline cement names

Mini

ACC numbers have been good and that is a precursor of what we can expect from the cement industry, said Dipan Mehta, Director, Elixir Equities in an interview with CNBC-TV18.

ACC numbers have been good and that is a precursor of what we can expect from the cement industry, said Dipan Mehta, Director, Elixir Equities in an interview with CNBC-TV18.

Recommended Articles

View All

He expects ACC and other cement stocks to move in tandem with the market. With the overall economy opening up and rural consumption picking up, he hopes to see higher cement volumes.
“It is better to go for companies where we expect expansion plans to go onstream. Something like JK Cement, Birla Corporation may perhaps outperform the biggies like ACC, Ambuja Cement, UltraTech Cement and Shree Cement,” he said.
Among IT plays, he says L&T Tech is a good medium-long term investment.
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