India Cements is likely to sell its stake in YS Jagan Mohan Reddy owned Jagati Publications. The company had already sold its 9 per cent stake to Bharati Cements in 2010 owned by the Jagan Mohan-promoted company.While addressing shareholders, N Srinivasan, Vice-Chairman, India Cements said that the company made a profit by selling its stake in Bharati Cements.He announced that they will also sell stake in Jagati Publications, also owned by Jaganmohan Reddy. Overall, India Cements had invested about Rs 130-135 crore in the Jagan owned firms. Jagan is facing CBI probe against disproportionate assets case. India Cements had invested about Rs 40 crore in the publication company. The company has a minor stake in the publication house, which owns Sakshi TV and Sakshi newspaper.