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    Buy Premier, says Ashish Tater

    Buy Premier from a longer-term perspective. 100% jump can be expected over next 12-18 months perspective, says Ashish Tater, Head of Research, Fort Share Broking.

    July 13, 2011 / 09:34 IST

    Buy Premier from a longer-term perspective. 100% jump can be expected over next 12-18 months perspective, says Ashish Tater, Head of Research, Fort Share Broking.

    Tater told CNBC-TV18, "Premier is one stock where I feel there is a limited downside. The company recently announced that they are willing to exit or jointly develop their free hold land in Dombivali area, which can give them approximately Rs 650-700 crore of free cash flow. This is much higher than their current market cap and debts into the book that is their enterprise value.

    first published: Jul 13, 2011 09:30 am

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