Buy India Cements, target Rs 196: Manas Jaiswal

Buy India Cements Ltd. at a price target of Rs 196.0 and a stop loss at Rs 182 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on India Cements with a target price of Rs 196.

The current market price of India Cements is Rs 186.90.

Time period given by the analyst is 'Intra Day' when India Cements price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 182.

India Cements, incorporated in the year 1946, is a Mid Cap company (having a market cap of Rs 5,759.36 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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Company has Viswanathan LLP as its auditors.

As on 30-09-2017, the company has a total of 308,152,201 shares outstanding.
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