In south india, earlier situation was different. Now, you take any cement companies, they are improving by huge margin. In recent shareholders pattern, NCL ind has JM Financial as investor. It hold 2.2%. Hdfc sec has given funda call on Sagar cement. Check Anjani Portland also, Sales and profitability increasing by good margin compared to past.
And, about value investing, I don’t believe in life time investing. Cement is cyclical and should not be there for lifetime.
If you take, 1 -2 years time frame then you can definitely invest in there companies. A big investor has entered in India cement as well.
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