Welspun Corp has target of Rs 175: Ashish Tater

Welspun Corporation has an intraday target close to Rs 175, says Ashish Tater, Fort Share.

Tater told CNBC-TV18, ''Welspun Corporation has a tremendous potential because it's monopolistic position and is trading at a single PE multiple." He further added, "I think this stock is a definite candidate for getting re-rated. I am playing for an intraday target close to Rs 175 odd mark. We have a medium term target of close to Rs 220 odd levels on to the stock and Rs 300 in the long term." Click HERE to know the rules and follow the score card