Buy India Cements, target Rs 164: Jay Thakkar
Buy India Cements Ltd. at a price target of Rs 164.0 and a stop loss at Rs 148 from the entry point.
By ETMarkets.com | Updated:
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Jay Thakkar of Anand Rathi has a buy call on India Cements with a target price of Rs 164.
The current market price of India Cements is Rs 154.
Time period given by the analyst is Intra Day when India Cements price can reach the defined target.
Jay Thakkar recommended keeping a stop loss at Rs 148.
India Cements, incorporated in the year 1946, is a Mid Cap company (having a market cap of Rs 4,745.54 Crore) operating in Cement sector.
The company’s top management includes Mr.Arun Datta, Mr.K Balakrishnan, Mr.M R Kumar, Mr.N R Krishnan, Mr.N Srinivasan, Mr.S Balasubramanian Adityan, Mr.Suneel Babu Gollapalli, Mr.V Manickam, Mr.V Ranganathan, Mrs.Chitra Srinivasan, Mrs.Rupa Gurunath.
The company has Viswanathan LLP as its auditors.
As on 31-12-2017, the company has a total of 308,152,201 shares outstanding.
The current market price of India Cements is Rs 154.
Time period given by the analyst is Intra Day when India Cements price can reach the defined target.
Jay Thakkar recommended keeping a stop loss at Rs 148.
India Cements, incorporated in the year 1946, is a Mid Cap company (having a market cap of Rs 4,745.54 Crore) operating in Cement sector.
The company’s top management includes Mr.Arun Datta, Mr.K Balakrishnan, Mr.M R Kumar, Mr.N R Krishnan, Mr.N Srinivasan, Mr.S Balasubramanian Adityan, Mr.Suneel Babu Gollapalli, Mr.V Manickam, Mr.V Ranganathan, Mrs.Chitra Srinivasan, Mrs.Rupa Gurunath.
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The company has Viswanathan LLP as its auditors.
As on 31-12-2017, the company has a total of 308,152,201 shares outstanding.
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