Economy & Market
UBS India prefers Grasim Industries
Gautam Chhaochharia, Head of UBS India's Research said that the cement sector has positively surprised their company to some extent over last couple of years both in terms of pricing momentum as well as demand. The company's only stock which it like is Grasim Industries. Grasim is a name which the company still like in terms of both valuation support as well as their growth profile, Chhaochharia said. For cement demand strength still remains robust despite the macro slowdown and the key hereon would be the pricing environment, he added.