Buy Savita Oil with long term view: Tater

One can buy Savita Oil Technologies with a long term view, says Ashish Tater, Fort Share Broking.

Tater told CNBC-TV18, "Savita Oil Technologies says SAVSOL is one product which is likely for your 125 CC plus engines and thus the company was in limelight right from 2009. But if I take a call for the last year the stock has not performed at all because we have been tracking this stock right from Rs 280-300 mark and a large part of which was achieved in 2010 itself, and since then the stock has been lackluster because 72% is almost owned by promoters.