HomeNewsBusinessMarketsBuy Shree Cement; hold ACC, Ambuja: Antique Broking

Buy Shree Cement; hold ACC, Ambuja: Antique Broking

Nirav Shah, manager research of Antique Broking says ACC, Ambuja and Ultratech are nearing his price targets. “ACC, we had a price target of Rs 1,122. So, we have a hold on that. Ambuja, we have a price target of Rs 146, again a hold on that. We have a buy on the Shree Cement with a target of Rs 2,275,” he adds.

January 09, 2012 / 12:04 IST
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Things have not been good for the cement sector over the last one week because of concerns like price cuts and coal price increases.  

In an interview to CNBC-TV18, Nirav Shah, manager research of Antique Broking says, last week, there was a price cut by the major players in Himachal Pradesh to the extent of Rs 25 per bag.
first published: Jan 9, 2012 11:31 am

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