Regarding 3M, you can always but this stock as a play on innovative growth, despite its fairly rich valuations. However, my suggestion on Shree Cements is to be a little cautious since cement companies are under pressure on account of a sharp spike in key inputs like power costs, fuel costs, freight costs etc. That is telling on operating margins. It is better to stay away for now.
Regarding 3M, you can always but this stock as a play on innovative growth, despite its fairly rich valuations. However, my suggestion on Shree Cements is to be a little cautious since cement companies are under pressure on account of a sharp spike in key inputs like power costs, fuel costs, freight costs etc. That is telling on operating margins. It is better to stay away for now.