Ganesh Shanbhag, SMS Financial Services is of the view that investors should go for ACC to Mysore Cements at existing level.

Shanbhag told, “There has been a turnaround in Mysore Cements. We also know that Heidelberg has picked up a stake in this company also and I am sure going forward, it will show positive results but the equity-turnover ratio here is quite skewed. For this company to really ramp up their turnover and then show a bottomline might take at least two years from hereon.”

He also said that investors should possibly watch healthier counter in the cement group like ACC or something which is a better performer more willingly than Mysore Cements at the recent levels.

ACC Limited is India’s leading producer of cement and ready mix concrete with a nationwide group of factories and marketing offices. Since 1936, ACC has been a groundbreaker and leader in cement and concrete technology. It is the only cement group that figures in the list of Consumer SuperBrands of India.