Sell India Cements, target Rs 135: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a sell call on India Cements with a target price of Rs 135.

The current market price of India Cements is Rs 144.40.

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 146.


India Cements, incorporated in the year 1946, is a Mid Cap company (having a market cap of Rs 4,361.89 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.
Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.