Buy Arshiya International on dips, says Aashish Tater

Buy Arshiya International on dips with long term view, says Aashish Tater, Head of Research, Fort Share Broking.

Tater told CNBC-TV18, "Arshiya International is not a buy at Rs 120-125 mark; it is a buy somewhere around Rs 105 which the technical indicators are also showing. Now if I take a call from business perspective where the market takes it in terms of price at Rs 105 it would be available at the market cap of Rs 640-650 odd crore. It is into a business called logistics and we have been bullish for quite some time now on relative to index stocks and also some of the midcaps which have been looked at."
He further added,