Technical analyst Jagdish Thakkar of Fortune Fiscal has maintained 'buy' rating on Rolta India Limited stock to achieve a long term term.

According to analyst, the stock can be purchased at Rs 150 with a 12-18 month gain of 15-20%.

Today, the stock of the company opened at Rs 159 on the Bombay Stock Exchange (BSE).

Todhe share price has seen a 52-week high of Rs 210 and a low of Rs 157 on BSE.

Rolta India, on November 30, inked a partnership deal with Augusta Systems, a supplier of technologies, which power the intelligent convergence of tools, systems plus networks.

Via the affiliation, the company will be capable of incorporating Augusta EdgeFrontier middleware for utilizing in security system, defense and other geospatial apps.

For Quarter ended Sept. 30, 2010, Rolta India has recorded consolidated revenue of Rs 4.28 billion as compared to Rs 3.51 billion in Q1 FY-10, recording a Y-o-Y increase of 22.0% and chronological expansion of 3.8%.

The company's consolidated EBITDA for Q1 FY-11 remained at Rs 1.70 billion as compared to Rs 1.26 billion in Q1 FY-10, posting a Y-o-Y expansion of 35.3% and sequential increase of 6.0%.

The consolidated PAT for Q1 FY-11 at Rs 747.7 million as compared to Rs 561.2 million in Q1 FY-10, filing a Y-o-Y increase of 33.2% and sequential growth of 8.2%.