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HomeNewsBusinessLike India Cements, Ambuja Cements may hit Rs 250; Lupin looks weak: Gaba

Like India Cements, Ambuja Cements may hit Rs 250; Lupin looks weak: Gaba

Prakash Gaba of prakashgaba.com likes India Cements and feels that Ambuja Cements may climb to Rs 250 while Lupin looks weak.

April 24, 2017 / 12:04 IST

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like India Cements. It has seen a good up move. I think the move should continue up to maybe levels closer to around Rs 220 zones. It may take its own sweet time, Rs 190 should be the stop loss."

"Another stock in the cement pack is Ambuja Cements. That is showing its head up and looks like the stock can actually climb to levels closer to around Rs 250 zones, keep stop loss below Rs 240. It is matter of time it will go there," he added.

"Lupin looks weak. The way it is falling, looks like it is heading to levels closer to Rs 1,370-1,360 zones. Keep stop loss above Rs 1,405."

first published: Apr 24, 2017 11:33 am

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