Stock market analysts are bullish on Rolta India and maintained 'Buy' rating on the stock to achieve an intra-day target between Rs 106-110.
Traders can buy the stock above 88 with a stop loss of Rs 84.
Shares of the company, on Friday (April 24), closed at Rs 81.85 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 360 and a low of Rs 40.70 on BSE. Current EPS and P/E of the stock stood at 19.85 & 4.18 respectively.
The structure looks very positive, so buy the stock and hold, if it maintains above Rs 90, a big move is expected.