Educomp Solutions Short Term Buy Call

Educomp Solutions Short Term Buy CallStock market analyst Somil Mehta of Sharekhan has maintained 'buy' rating on Educomp Solutions Limited stock.

According to analyst, the investors can buy the stock with stop loss of Rs 535 to achieve a short-term target of Rs 600.

The stock of the company, on Nov 08, closed at Rs 554 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 876.05 and a low of Rs 441.80 on BSE.

Educomp Solutions Ltd will declare its results on November 12.

The company said that its Board of Directors will assemble on Friday (Nov 12), to consider and sanction the un-audited financial outcomes of the company for the three month period ended September 30, 2010.

Educomp Solutions Ltd has inked a deal with Chinese company China Distance Education Holdings (CDEL) via its Singapore-based arm AsknLearn.

Educomp Solutions stated that it has given exclusive rights to CDEL to authorize and allocate its Smart Class, Edulearn and Wizlearn products in the people's Republic of China apart from Hong Kong, Macau and Taiwan.