Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "A long-term investor can definitely stay put in India Cements. This is a stock that I do like and I think I would have targets closer to Rs 210-220 on the stock."
"Cement as a space is something I am positive on and at this price particularly I do like India Cement. So I think it makes a lot of sense to stay invested here," she added.
India Cements ended at Rs 181.75, up Rs 2.80, or 1.56 percent on the BSE.
The share touched its 52-week high Rs 226 and 52-week low Rs 121 on 16 May, 2017 and 21 November, 2016, respectively.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
