THE INDIA CEMENTS LTD
Long

India Cements can jump after solid consolidation

129
India Cements Ltd. is a holding company, which engages in the manufacture and sale of cement and clinker. It operates through the following brands: Sankar Super Power, Coromandel King, and Raasi Gold.

India Cements Ltd. CMP is 358.30. The positive aspects of the company are Company with Low Debt, Company able to generate Net Cash and Mutual Funds Increased Shareholding in Past Month. The Negative aspects of the company are Negative Valuation (P.E. = -32.6), Companies with High Promoter Pledge, Annual net profit declining for last 2 years and Increasing Trend in Non-Core Income.

Entry can be taken after closing above 363 Targets in the stock will be 375 and 381. The long-term target in the stock will be 390 and 405. Stop loss in the stock should be maintained at Closing below 324 or 309 depending upon your risk taking ability.

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