Technical analyst Anil Singhvi has maintained 'buy' rating on TVS Motor Company Ltd stock to achieve an intraday target of Rs 68.

According to analyst, the investors can purchase the stock with a stop loss of Rs 60.

The stock of the company, on January 19, closed at Rs 61.40 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 87.45 and a low of Rs 30 on BSE.

Current EPS & P/E ratio stood at 3.73 and 16.96 respectively.

Two and three-wheeler maker declared that a conference of its directors will take place today to sanction the unaudited financial outcomes for the three month period ended December 2010.

The company's board will also consider announcement of an interim dividend, if any, to the stockholders for the year ending March 2011.

TVS Motor Company Ltd ended December with 42% increase in sales as against the corresponding period of 2009.

The company sold 171,790 units during the last month as compared to 120,913 units in December 2009.

During April-December 2010, the company sold around 1,512,896 units.

In the Indian market, TVS Motors sold 149,357 units during the last month.

Scooter sales during December 2010 came up to 41,804 units as compared to 21,566 units during December 2009.