Technical analyst Abhishek Jain of Stocksidea.com has suggested investors to buy Maars Software International stock for short term.

Mr. Jain expects the stock to hit a target of Rs 10.

The stock may face some resistance around Rs 7 levels, but after that it can even have more upward movement.

The scrip has very strong support at Rs 4.

Shares of the company, on Friday (July 31), closed at Rs 2.43 on the Bombay Stock Exchange (BSE). The total volume of shares traded was 170,060 at the BSE. The share price has seen a 52-week high of Rs 4.24 and a low of Rs 1.10 on BSE.

Mr. Jain said that the stock is looking strong technically. It will blast in short term.

Incorporated on August 23, 1995, Maars Software International offers up systems applications and products (SAP), enterprise resource planning (ERP), and client resource management and eBusiness solutions.

Maars Software Int is providing SAP consulting and implementation services in the Unites States and Middle East. The Group works in India as well as USA.

The company has its divisions in various countries all through the world. The headquarters of the company is based in Chennai.