Buy Shree Cements: Nirav Shah

Buy Shree Cements with a target of Rs 2275, says Nirav Shah, Manager Research, Antique Broking.

Shah told CNBC-TV18, "We were fairly positive on cement sector. I think ACC, Ambuja and Ultratech are nearing our price targets. On ACC we had a price target of Rs 1,122 so we have a hold on that. On Ambuja Cements we have a price target of Rs 146, again a hold on that."
He further added, "On UltraTech Cement we have a target of Rs 1,206 and we have a buy on the Shree Cement with a target of Rs 2,275.