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Sep 15, 2011, 02.41 PM IST

Short India Cements, says Thunuguntla

Short India Cements, says Jagannadham Thunuguntla of SMC Global.

Jagannadham Thununguntla, Head of Research ,SMC Global

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Short India Cements , says Jagannadham Thunuguntla of SMC Global.


Thunuguntla told CNBC-TV18, "Short India Cement with a day target price of Rs 69. The company has the franchise for Chennai Super Kings and as the entertainment tax is levied on IPL teams, the stock can be under pressure." 


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