Sell India Cements, target Rs 147: Manas Jaiswal
Sell India Cements Ltd. at a price target of Rs 147.0 and a stop loss at Rs 156 from entry point.
The current market price of India Cements is Rs 151.80.
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 156.
India Cements, incorporated in the year 1946, is a Mid Cap company (having a market cap of Rs 4,842.61 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.
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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