Stock market analysts have maintained 'buy' rating on GSS America Infotech Ltd with an intraday target of Rs 284.

According to them, interested traders can purchase the stock above Rs 281 with a strict stop loss of Rs 277.

If the stock markets remain on the positive path then the stock price will hit a target above Rs 288.

Shares of the company, on Friday (Dec 11), closed at Rs 280.75 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 283.80 and a low of Rs 90.15 on BSE.

GSS America Infotech's board during its conference held on Nov. 30, 2009 decided in principle for acquirement of identified companies as part of its in-organic development plans and empowered the chief executive officer to perform next steps of due-diligence and present the board for concluding sanction in terms of cost and provisions by the next 30 to 60 days.

The company offers up industry-related IT solutions in tech management, procedures and other regions; application solutions associated to business policies; and infrastructure solutions for cost strength.

All these services cater to the financial services, insurance, construction, retail and customer goods, healthcare, telecommunications, energy and other segments.