Short Gitanjali Gems: Aashish Tater

Short Gitanjali Gems, says Aashish Tater of Fort Share Broking.

Tater told CNBC-TV18, "Short Gitanjali Gems for an intraday target of Rs 300. I feel the gems and jewellery business would be under pressure as their major exporter is either to US or UK market and both are having its own problems. Gitanjali does not require any rerating at current levels and we have a medium term target is close to Rs 220 odd mark."