Sell India Cements, target Rs 146: Rahul Randeria

Sell India Cements Ltd. at a price target of Rs 146.0 and a stop loss at Rs 163 from entry point.

Rahul Randeria of IFCI Financial Services has a sell call on India Cements with a target price of Rs 146.

The current market price of India Cements is Rs 154.90.

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

Rahul Randeria recommended to keep a stop loss at Rs 163.

India Cements, incorporated in the year 1946, is a Mid Cap company (having a market cap of Rs 4,773.28 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 31-12-2017, the company has a total of 308,152,201 shares outstanding.
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