Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would recommend a hold India Cements with a stoploss of Rs 140 and my target over the next one year or so could be Rs around 180-190 and yes talk of a little longer term than that the stock can go beyond Rs 230-240. It can make a new high as well."
At 15:00 hrs India Cements was quoting at Rs 158.10, down Rs 0.35, or 0.22 percent.
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