Technical analyst Atul Badkar of Edelweiss Securities has maintained 'buy' rating on Infosys Technologies Ltd stock to achieve target of Rs 3250.

According to analyst, the investors can buy the stock with a stop loss of Rs 3080.

Today, the stock of the company opened at Rs 3146 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 3249 and a low of Rs 2380 on BSE.

Current EPS & P/E ratio stood 111.07 and 28.58 respectively.

IT major Infosys will establish a development facility in Rajarhat.

IT giant will make an investment of Rs 75 crore to establish the base.

Infosys has paid Rs 19 crore as an advance payment for 50 acres of land to the West Bengal administration.

This will be the initial base of the company in West Bengal.

S Gopalakrishnan, CEO and MD of Infosys said that the project would generate 15,000-20,000 jobs.

Infosys Technologies is all set to start construction for its Rajarhat campus by the next six months.