Ambareesh Baliga of Edelweiss Financial Services told CNBC-TV18, “First of all the IPL issue is going to engulf India Cements to a large extent. Above that, the sector itself is not doing too well.”
“Its January-March quarter numbers do not really enthuse. So, from a sector point of view there are lots of other stocks to be looked at than India Cement and therefore, it is best ignored at this point of time,” Baliga added.
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