Deccan Chronicle has target of Rs 58: Tater

Deccan Chronicle has target of Rs 58, says Ashish Tater of Fort Share Broking.

Tater told CNBC-TV18, "Deccan Chronicle is going to benefit in the medium term. This stock is grossly undervalued compared to its peers. We expect and EPS of over Rs 5, thanks to its recently concluded buy back programme. We feel this is one stock that should go to and test a level of Rs 80 level in next 8-9 months perspective. Target for the day is Rs 58."