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Cement earnings heartening; tech sector strong, says Alchemy Capital

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“There is a lack of visibility in earnings for FY22,” said Seshadri Sen, Head-Research at Alchemy Capital Management in an interview to CNBC-TV18.

“There is a lack of visibility in earnings for FY22,” said Seshadri Sen, Head-Research at Alchemy Capital Management in an interview to CNBC-TV18.
He said the market needs to wait a few more quarters before gaining confidence in earnings.
On cement, he said, “the cement numbers that have come through are certainly heartening and cement is a sector where ongoing data is reasonably available, most analysts know what production numbers are and what the prices are.”
We do see lot of strength in tech sector, he added.
For more, watch the video