Buying opportunity seen in Ambuja Cements: Sukhani

Written By Unknown on Rabu, 06 Februari 2013 | 20.07

Buying opportunity is seen in Ambuja Cements , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Ambuja Cements has been in my buy list. So, it does appear that cement is now atleast bottoming out, probably this is a short-term view and if it does stay still, say remain with stability perhaps the bottoming out could be a long-term process, a long-term bottom then."

He further added, "Cement is worth buying into. I know that results season is still on, but for cement as a sector almost all stocks are now suggesting that support is holding. So as a sector this is the buying opportunity."



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