Sell Reliance MediaWorks: Ashish Tater

Sell Reliance MediaWorks, says Ashish Tater of Fort Share Broking.

Tater told CNBC-TV18, "Sell Reliance MediaWorks, it is a one stock that we downgraded right from Rs 230 levels.  Looking at the financials of the company, that the company can easily test Rs 100 before anything good happens in  terms of financial performance." He further added, "We do not expect a turnaround in recent two-three quarters down the line thus we have  recommended a sell. However, I am playing for a day target of close to Rs 140.25 on the stock."