Stock market analysts maintained 'buy' rating on Gas Authority of India Limited (GAIL) stock to achieve a target that lies between Rs 522-525.

The analyst said that the stock can be purchased at 510with a stop loss of Rs 502.

The stock of the company, on December 22, closed at Rs 508.85 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 520.40 and a low of Rs 393.90 on BSE.

Current EPS & P/E ratio stood at 28.23 and 18.03 respectively.

As per reports, Gail (India) Ltd has revised the record date for interim dividend to December 28, 2010.

Gail (India) has recorded a growth of 29.49% in its net profit, which stood at Rs 9,235.50 million for the three month period ended September 30, 2010 as against Rs 7,132.30 million during the corresponding period of last year.

The company's total income grew by 29.50% to Rs 82,781 million for July-September quarter from Rs 63,922.20 million for the three month period ended Sept, 2009.

GAIL (India) Limited is the biggest state-owned gas transportation company in the country, incorporating all phases of the natural gas value chain.

Forbes named GAIL as one of the world's 2,000 major public companies in the year 2007.