Cement Sector

Prism Cement A Decent Mid-term Bet

Prism CementSharmila Joshi of Asit C Mehta said that it’s the profitable time to hold Prism Cement.

Invest In India Cements On Declines : Rahul Mohindar

Rahul Mohindar of Viratechindia suggested investors to buy India Cements on falls.  

Buy IFCI, India Cements for Short Term

IFCI LimitedSharmila Joshi of Asit C Mehta advocates that IFCI and India Cements are brilliant stocks, and investors can make quick gains once they invest in both at lower levels.

Joshi told, "IFCI and India Cements are buys and one of the reasons why IFCI corrected sharply was the fact that you suddenly had this news item that they would maybe reconsider their stand of selling the stake at all and the whole down turn that one saw was because of that because the results have been strong and the stock has been buzzing on back of this news. If it resurfaces and if gets confirmed then there is a good upside to IFCI."

P-Sec: Sell Acc, Target Of Rs 816

Broking houseACC Cement, P-Sec is bearish on ACC and has recommended sell rating on the stock with

Cement Stocks On Firm Ground

Ambuja CementsFour cement majors climbed from 0.69% to 4.87% on reports that cement firms were boosting prices by Rs 3-Rs 5 per 50 kilogram bag across India effective today.

Ambuja Cements gained 3.90% to Rs 129.25, ACC 4.87% to Rs 984, Grasim Industries 0.69% to Rs 2723, and UltraTech Cement 3.47% to Rs 914.95. In addition to price increase, ACC’s strong dispatches in June 2007 just gone by aided the rally.

ACC Leads Stock Gainers

ACC cementToday, ACC climbed 8.98% to Rs 1022.55 and it topped the gainers list in BSE’s ‘A’ group

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