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Book profit in India Cements at Rs 197

Published on Thu, Jun 21, 2007 at 16:46 |  Source : Moneycontrol.com

Updated at Thu, Jun 21, 2007 at 18:48  

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Anil Manghnani , Modern Shares & Stock Brokers

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Anil Manghnani of Modern Shares & Stock Brokers is of the view that one should book profit in India Cements at Rs 197.

Manghnani told CNBC-TV18, "The way the rest of the market has rallied cement stocks are still way off their all time highs. I still think one will sell into this rally and it is tough to give targets since they haven't moved."

He further added, "Rs 197 is closer to where I would look at booking profits in India Cement, Rs 122-125 levels in Gujarat Ambuja and about Rs 875 on ACC ."

  

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