Buy India Cements, target of Rs 155-160: Mohindar

Excerpts from Your Stocks on CNBC-TV18 Watch the full show » ALSO READ See previous views by Rahul Mohindar See what other Experts & Brokerages are saying about India Cements See messages about India Cements India Cements BSE | NSE 13/02/12 Are Mutual Funds betting on India Cements?

Rahul Mohindar of Viratechindia is of the view that one can buy India Cements with a target of Rs 155-160. 

Mohindar told CNBC-TV18, "I pretty much agree that cement looks a good sector to be invested into, India cements has been one of our picks and we think Rs 125-130 is exceptionally a good support so if you are looking from a 3-6 month horizon I think you are heading towards Rs 155-160 in terms of a price target."

He further added, "Instead of Shree Cements , I would go with the ACC , here we are looking at a price target of about Rs 850-860 in something like a two month timeframe."