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Below Quote on Cement sector outlook By Gaurang Shah, Senior Vice President at Geojit Financial Services

"We remain positive on the Cement sector. Our view is that the consumption extent is likely to go up steadily over the next couple of quarters. The reason being governments spending on infrastructure, state levels spending on infrastructure, recovery in real estate sector and spending on Capex by corporate India. We are also of the opinion that the input cost which was constant last financial year has eased off a little bit and profit margins should improve going forward from here on. Prices of cement bags have also moved up north a little bit and they might move up in future also.

In the Large cap we like ACC, Ultra tech, Ambuja & Grasim. And in the Mid cap, we are positive on Ramco cement, JK Laxmi Cement, Dalmia Bharat, Birla Corp and Shree Cement."

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