Linc Pen can test Rs 95-100: Aashish Tater

Linc Pen and Plastics can test Rs 95-100 in next 15 months, says Aashish Tater of Fort Share Broking.

Tater told CNBC-TV18, "Linc Pen is exact proxy to what Camlin is. Now what happened in Camlin is that the foreign players actually entered into the stock and has given a market cap to sales ratio multiple of almost 1.6 times, which triggered an open offer and they are ready to pay Rs 110 a share for the 20% mandatory open offer. I think from that perspective if I see the market cap to sales ratio for Linc, it