NEW DELHI: If you want to grow your portfolio as the economy balloons to a size of $3-4 trillion from $2 trillion over the next 4-5 years, you cannot ignore cement stocks. That, notwithstanding the one-time burden of the CCI's cartelisation fine that some of the biggies are facing.
This is one sector where none of the stocks has given negative returns. Almost five stocks have more than doubled investor wealth in last one year while each of the 15 stocks delivered more than 50 per cent returns in the same period.
The government expects the GDP growth to top 8 per cent this financial year, mainly on the back of a normal monsoon. Ficci said in a report that the latest Economic Outlook survey put the GDP growth forecast for 2016-17 at 7.8 per cent.
"If you look at the India story and the sort of things the Indian government has been doing to boost infrastructure investment and public spending, the unique way would be to play the growth theme through the cement sector," S Krishna Kumar of Sundaram Mutual Fund said in an interview with ETNow.
"The cement sector gives you great exposure to the kind of construction activities happening in the economy and you have the government- sponsored housing for all scheme. The cement sector allows dual play on both the domestic housing story and infrastructure stories," he said.
Profit and loss both are necessary part of stock market. Traders can prevent from loss by utilizing accurate trading tips and live updates on stock market into their investment. Epic Research suggests such tips and live updates for the traders.
ReplyDeleteTrading is believed to be the best profession by many. However, very risky too. Thus to understand the market changes deeply one should take market related tips like commodity tips and this will be helpful in earning more.
ReplyDelete