Orbit Corp has target of Rs 75: Aashish Tater

Orbit Corporation has target of Rs 75, says Aashish Tater of Fort Share Broking.

Tater told CNBC-TV18, "We expect finance minister to reward common man and thus we expect 80C benefit to an extent of close to Rs 1.5 lakh from current Rs 1 lakh which would definitely be beneficial for repayment of housing loans and also exemption limit for interest payment from Rs 1.5 lakh to Rs 2 lakh in this particular budget which would be definitely a thumbs up for real estate company."

He further added, "We feel real estate could be the sector in the midcap space where there would be momentum in today