Buy India Cements Ltd Target Rs.225 - Sushil Finance
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We had initiated coverage on India Cements Ltd. with a Buy rating on December 17, 2021 at Rs.184 for a target price of Rs.225 showcasing an upside of ~22%. AT CMP, the stock has returned ~24% since our recommendation and is trading near our target price. With the recent runup in the share price, we now recommend our investors to book profits at the current price as we close our coverage on the company.
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