Stock market analyst Rajesh Gupta of Fairwealth Securities has maintained 'buy' rating on GIC Housing Finance Ltd stock to achieve a target of Rs 152-155.

According to analyst, the interested investors can buy the stock around Rs 147.6 with stop loss of Rs 145.3.

The stock of the company, on August 16, closed at Rs 146.95 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 12.91 and 11.45 respectively.

The share price has seen a 52-week high of Rs 152.40 and a low of Rs 74.50 on BSE.

GIC Housing Finance has posted an increase of 15% in its net profit, which stood at Rs 19.35 crore for the three month period ended June 30, 2010.

The company has a net profit of Rs 16.88 crore in the same period of last year (2009).

As per company's officials, the company witnessed a growth of 124% in its loan approvals at Rs 304 crore during the quarter under review.

The company posted 110% growth in its loan disbursements during the first quarter.

GIC Housing Finance said that its operating income during Apr-Jun period was Rs 76.88 crore as compared to Rs 74.08 crore in the same period of last year.

Moreover, the company's directors have also announced a dividend of 45% on the company's equity share capital for the financial year 2009-10.