what do expect from cement stock like ACC, ultra-tech, Guj. Ambuja, after recent announcement about not to rise cement price for one yr.
2007-03-10 17:40:48 · 3 answers · asked by ashish naik 1 in Business & Finance ➔ Investing
LOL LOL LOL LOL
CONCRETE IS GOLD DUDE..................
ITS GOING TO RISE WITH BUILDING PRICES.....
SINCE HURRICANE ANDREWS HIT FLORIDA...............
CONSTRUCTION MATERIALS ---UP ON THE ROOF--SKY HIGH.
2007-03-10 17:43:31 · answer #1 · answered by cork 7 · 0⤊ 0⤋
Cement price are enough high to give large marginal profits to indian cos., the recent slack in stock of ACC etc. is panic effect of margin call effect. the cement stocks will definatelly good to invest for medium to long term. Most of stocks will cross past top within 7-8 months
2007-03-10 23:39:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You must be talking about a different market...here in the U.S. companies like FRK, CX, Vulcan, USG, EXP are thriving on the price of cement and aggregates!
If you're trading on NYSE those are some nice places to be...
2007-03-11 08:09:02 · answer #3 · answered by jebediabartlett 6 · 0⤊ 0⤋