Stock market analyst Satish Betadpur of IIR Group has maintained 'hold' rating on Mahindra Satyam Limited stock to achieve a long term target between Rs 140-150.

According to analyst, the investors can achieve the said target within a period of 12 months.

Today, the stock of the company opened at Rs 94.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 122.60 and a low of Rs 80.10 on BSE.

Mahindra Satyam has declared the audited financial outcomes for two fiscal years including 2008-09 and 2009-10.

The company said that the recital of the first two quarters of 2010-11 will be declared on November 15.

After that, Mahindra Satyam will approach the High Courts of Andhra Pradesh and Maharashtra to begin the amalgamation process.

For the last financial year, Mahindra Satyam declared a total income of Rs 5,481 crore.

The company's consolidated loss during the same period stood at Rs 124.60 crore.

Mahindra Satyam's net worth augmented to Rs 1,800 crore with a cash balance of Rs 2,178 crore whereas the margins meliorated to 8.33 per cent by the end of last fiscal as compared to 3.42% earlier.

Mahindra Satyam is ready to amalgamate with Tech Mahindra, the firm which adopted the reins few months after B. Ramalinga Raju, former Satyam Chairman, admitted to committing an accounting scam.