Sometimes, what is considered a weakness by the street turns into an opportunity by just one policy announcement. Take the case of cement companies which are focussed on the eastern part of the country. The special push to the infrastructure sector in the eastern part of the country is likely to help companies which are primarily focussed in that region. Indian cement companies can be divided into two categories, one which are present in a particular region and other which have a pan India presence. Normally it is pan India companies which get better valuation because if there is an issue with sales in one region, it is made up by that of another. Regional focussed companies tend to get less attention, but for some which are focussed in eastern and southern parts, probably there are better times ahead.
