Cement sector was down and out in 2015. But in last few weeks - leading stocks of the sector have made a sharp comeback. Is the sector turning around?
Here's Ambuja Cement daily stock chart
Here's ACC stock daily chart
What should one do?
The stocks of the sector appear buy on declines. One should look for opportunity on declines. Keep an eye on all leading names: 1. ACC, 2. Ambuja Cement, 3. Ultratech Cement, 4. Grasim; 5. Shree Cements, 6. India Cements
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Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers