Stock market analysts have maintained 'buy' rating on Jindal Photo Ltd with an intraday target of Rs 172.

According to them, interested traders can purchase the stock with a strict stop loss of Rs 160.

If the bourses remain on the positive track, then the stock price will hit a target above Rs 175.

Shares of the company, on Wednesday (Dec 23), closed at Rs 168.45 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 175.90 and a low of Rs 69.05 on BSE.

Current EPS & P/E ratio of the stock stood at 17.35 & 9.93 respectively.

Jindal Photo Ltd has a technical and marketing association with Fuji Photo Films Co. Ltd., Japan, the second biggest photographic products maker in the world.

Moreover, it also has a technical affiliation with Fuji Hunt Photographic Chemicals Pte Ltd., Singapore to make Photo Chemicals.

Jindal Photo is the country's one of the biggest maker of photographic and related products including Color Roll Films, photographic cameras, photographic color paper, medical x-ray films & instrumentations, cine color positive film, photo processing instruments and photographic chemicals etc.

Jindal Photo holds more than 38 percent market share in the Color Paper and 44 percent market share in Color Roll Films.