Deccan Chronicle has target of Rs 80: Tater

Deccan Chronicle has target of Rs 80, says Aashish Tater of Fort Share Broking

Tater told CNBC-TV18, "In Deccan Chronicle there could be a short-term pain but long-term opportunity. It is a portfolio bet from a medium term perspective. We have a modest target of Rs 80 for 6-9 months. But given the recent buyback, it is one of the cheapest stocks available in the space and we have good long-term visibility on the stock."