Heidelberg - a good bet from the cement space
Cement Stocks have been trending since the start of 2019. I have done a comparative analysis of the whole sector. Heidelberg and ACC stand out in the group.
According to Price point analysis, Heidelberg is currently out performing its peers from the same Mcap category
Heidelberg
Rain Ind
Birla Corp
Prism Johnson
Star Cement
If Heidelberg continues to maintain the profit margins and accelerate its growth, it can turn out to be a good buy. Fundamentally and Technically, its in a favorable spot.
According to Price point analysis, Heidelberg is currently out performing its peers from the same Mcap category
Heidelberg
Rain Ind
Birla Corp
Prism Johnson
Star Cement
If Heidelberg continues to maintain the profit margins and accelerate its growth, it can turn out to be a good buy. Fundamentally and Technically, its in a favorable spot.
Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.