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.”