Technical analyst Ashwani Gujral is of the view that investors can buy Whirlpool stock to achieve a target of Rs 230 in 1-2 trading sessions.

According to Mr. Gujral, the investors can buy the stock with a stop loss of Rs 195.

Today, the shares of the company opened at Rs 206.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 207.90 and a low of Rs 34.80 on BSE.

Current EPS & P/E ratio stood at 8.80 and 23.40 respectively.

The world's biggest maker of household appliances has recorded better-than-expected income during the first quarter on the back of cost cutting and overall production efficiency.

The company has lifted its hopes for the majority of geographic market zones where appliance shipments declined by 35% from the year 2005 to 2009.

Whirlpool registered Q1 income of $164 million as against $68 million during the same period of last year. Sale figures came up by 20% to $4.27 billion.

The company also aims to have smart appliances by the coming year that will link to smart meters and the smart grid.

Whirlpool said that it will also roll out smart laundry appliances by 2011.