buy premier ltd     @ 107   short term target  125
We have a longer-term target of close to Rs 180 but yesterday the v-shape recovery that the stock took; we feel that the technical target can also be played with a target of Rs 125 in the days to come. This is one company that should be bought because there were brokerage reports suggesting the stock could be a multibagger even when the stock was hovering around Rs 170-180 mark in 2007 with just the land deal getting structured and going through.
If someone has a potential to hold the stock and trade into the stock for next two-and-half years, the stock could be a true multibagger with limited downside on the stock. We have a buy rating on the stock with a medium-term target of close to Rs180

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