Rolta India is going against the market tide, and if the investors want to take advantage of this volatility, buy it around Rs 673. The stop loss is at Rs 670. The target for the day lies between Rs 690-702.

Rolta India stock is looking too strong at current levels. Yesterday, the stock closed at Rs 676.10, up 6.4% on BSE. The 52-week high of the stock was Rs 775.

Buy the stock and see the difference. It will really outperform the stock market.

The members of Rolta India at the annual general meeting (AGM) of the company held on Nov. 16, 2007 approved the issue of bonus shares.

The company will allot bonus shares in the ratio of 1:1, that is one equity share of Rs 10 each for every one equity shares of Rs 10 each held by members of the company.

Rolta is listed on both BSE and NSE and its GDRs are listed on the London Stock Exchange.