Aashish Tater, Head of Research, Fort Share Broking in an interview to CNBC-TV18 spoke about his multi-bagger pick for the day.
He sees Cochin Minerals fetching good returns in the longer term. He suggests investors to accumulate the stock for time horizon of three- four years.
"This company is the only listed entity in this space. The fundamentals of this company can turn on a positive side overnight. For Q1, the company posted an EPS of Rs 2.5 and for the full years its EPS is likely to be at Rs 10. This stock is a buy on dip at around Rs 54-56 mark."
Below is the edited transcript of Tater's interview with Udayan Mukherjee and Mitali Mukherjee of CNBC-TV18. Also watch the accompanying video.
On Cochin Minerals
Cochin Minerals attracts me because it