Bhamre`s view on India Cement

Bhamre told CNBC-TV18, “We liked India Cement somewhere around Rs 84-85, we had a stop of Rs 81 over there that got triggered and since then S Kumars, Orchid lot of news is coming pertaining to promoters pledging their shares.”

He further added, “India Cement is also battered because of those concerns and we are seeing huge formation of short positions, today also 27-28% rise in open interest. I am biased in this stock, I won’t suggest to short.

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