Any opinion on ceramic tiles stocks like Kajaria, Cera, Somany etc. They seem to move in sync with cement and steel. Also VIP industries appears pretty badly hit by the travel restrictions but seems like a solid business otherwise. Would anyone consider VIP a good buy in the present market?
Any particular reason for picking Ambuja over Shree Cements or Ultratech that seem to have given better returns over the last 10 years?
Any particular reason for picking Ambuja over Shree Cements or Ultratech that seem to have given better returns over the last 10 years?
Yes Kajaria and VIP even prestige is a good buy. But not going to put money in auto and hardware stocks. Waiting for the right time. Although could be wrong, people under lock down will not look to buy auto and repair houses as soon as corona is gone for next 21 days of lockdown atleast.
They would have more important things to do like find a new job, buy FMCG stuff etc.
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