Ambuja Cements may slip to Rs 176-178: SP Tulsian

Tulsian  told CNBC-TV18, All the cement stocks have been in a very strong trading grip because of the good June-quarter results. All stocks in the sector have corrected or remained subdued. In the last one week there has been profit-booking in Ambuja Cement, after it moved to Rs 198-199 and has corrected to Rs 181. Further weakness or profit- booking could make the stock fall to about Rs 176-178 where renewed trading position can be initiated.”