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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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