Stock market analyst Anil Singhvi has maintained 'buy' rating on JSW Steel Ltd stock with intra-day target of Rs 1100.

According to analyst, the investors can buy the stock with stop loss of Rs 1050.

The shares of the company, on June 28, closed at Rs 1062.75 on the Bombay Stock Exchange (BSE).

Current EPS and P/E ratio of the stock stood at 108.15 & 9.88 respectively. The share price has seen a 52-week high of Rs 1350.05 and a low of Rs 495.15 on BSE.

JSW Steel, on June 21, announced that it has launched its fourth JSW Shoppe outlet in Hyderabad.

The company's certified trader for this branded showroom is M/s. M. R. Steel Corporation.

On June 08, Jindal Group steel maker recorded an increase of 23% in crude steel production for May as compared to same period of same month of 2009.

The production of rolled products (flat) surged to 3,88,000 tons during the last month as against 3,06,000 tons in May 2009, rise of 27%.

The production rolled products (long) increased to 1,09,000 tons during the last month as compared to 65,000 tons in May 2009, growth of 68%.