Prism Cement has declared its first quarter results. The company posted net profit of Rs 22 crore (Rs 220 million) in the second quarter versus loss of Rs 1.3 crore (Rs 13 million) in the same period of last year
Prism Cement (CMP Rs.39.3) is on an uptrend, and should move to its target zone of Rs.50. major resistance at Rs.38, . For a small time, this scrip could be range bound between Rs.38 & 42.5, consolidate, and then move up towards .The You can add at around Rs.37-38 .
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