Coromandel International good portfolio bet: Aashish Tater

Aashish Tater of fortunewizard.com told CNBC-TV18, "We feel that there is a turnaround in the business of Coromandel International and there is substantial order jump that we are seeing for the full year. In fact when I was working out with the EPS, close to Rs 6.5-7 of EPS that we were working with, it is a turnaround story and we feel this can be a good multibagger even from current level. We are working with first target of Rs 100-120 and two or three project pipeline if that is delivered on scheduled time then we feel the stock will get re-rated significantly from current level.""There is hardly any downside on this particular stock and a potential upside of almost 40-50 percent for this year. So, this can be a good portfolio bet along with Lumax Industries," he said.