Stock market analyst DD Sharma of Anand Rathi Securities has maintained buy rating on Jamna Auto Industries Limited stock with a target of Rs 210.

Mr. Sharma said that the said target can be achieved in a period of 12 months.

Today, the stock of the company opened at Rs 143 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 174 and a low of Rs 47.25 on BSE.

For the three month period ended September 30, 2010, the company's consolidated turnover increased by 45% to Rs 2.39 billion as against Rs 1.64 billion for the same quarter of the previous year

For the second quarter ended 30th September, Jamna Auto's consolidated turnover increased by 45% to Rs 2.39 billion as against Rs 1.64 billion for the same period of 2009.

Consolidated net profit during the period under review stood at Rs 97.1 million as against Rs 75.4 million.

Jamna Auto had lifted up equity worth Rs 250 million during the month of August.

The amount was used to retire high cost debt.