Ganesh Shanbhag, SMS Financial Services is of the view that investors should go for ACC to Mysore Cements at existing level.
Shanbhag told, “There has been a turnaround in Mysore Cements. We also know that Heidelberg has picked up a stake in this company also and I am sure going forward, it will show positive results but the equity-turnover ratio here is quite skewed. For this company to really ramp up their turnover and then show a bottomline might take at least two years from hereon.”
Sharmila Joshi of Asit C Mehta advocates that IFCI and India Cements are brilliant stocks, and investors can make quick gains once they invest in both at lower levels.
Joshi told, "IFCI and India Cements are buys and one of the reasons why IFCI corrected sharply was the fact that you suddenly had this news item that they would maybe reconsider their stand of selling the stake at all and the whole down turn that one saw was because of that because the results have been strong and the stock has been buzzing on back of this news. If it resurfaces and if gets confirmed then there is a good upside to IFCI."
Four cement majors climbed from 0.69% to 4.87% on reports that cement firms were boosting prices by Rs 3-Rs 5 per 50 kilogram bag across India effective today.
Ambuja Cements gained 3.90% to Rs 129.25, ACC 4.87% to Rs 984, Grasim Industries 0.69% to Rs 2723, and UltraTech Cement 3.47% to Rs 914.95. In addition to price increase, ACC’s strong dispatches in June 2007 just gone by aided the rally.
SMS Financial Services is of the view that investors should go for ACC to Mysore Cements at existing level.
Sharmila Joshi of Asit C Mehta said that it’s the profitable time to hold Prism Cement.
Sharmila Joshi of Asit C Mehta advocates that IFCI and India Cements are brilliant stocks, and investors can make quick gains once they invest in both at lower levels.
Four cement majors climbed from 0.69% to 4.87% on reports that cement firms were boosting prices by Rs 3-Rs 5 per 50 kilogram bag across India effective today. 
