Dec 18, 2018

Buy Cement Companies Stocks

Buy Cement companies stocks as in 31st GST meeting, govt may reduce tax rate on cement companies. Currently it is 28% which can go down to 18%. This can give huge boost to cement companies.
This guess news is already out. But, we have three days left. Meeting is on Saturday 22nd, 2018.

Also, Cement companies are trading at low valuation. Crude Oil price is going down. It is not at dangerous level as predicted. Demand is rising. So, many things are telling us to load cement companies.

Cement companies macros are in better position now. Should be bought for few months.

HeidelbergCement, NCL Ind, and Deccan Cements should be a good buy.