Stock market analyst Sushil Kedia has maintained 'sell' rating on Bank of Baroda stock with a target of Rs 870.

According to analyst, the investors can sell the stock with stop loss of Rs 1160.

Analyst also said that it is better to sell the stock now as there are full chances of decline in the coming days.

Today, the stock of the bank opened at Rs 1021 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1050 and a low of Rs 488.50 on BSE.

Bank of Baroda (BoB) has registered a 60.7% jump in its net profit, which stood at Rs 1,019.3 crore for the three month period ended September 30, 2010.

State-owned banking institution had recorded a net profit of Rs 634.2 crore during the corresponding quarter of 2009.

The banking institution also posted a growth of 23.4% in its total income at Rs 5,839.9 crore as compared to Rs 4,730.7 crore during the same period of last year.

Further, BoB reported an interest of Rs 5,158.6 crore during the quarter under review as against Rs 4,135.4 crore in the corresponding quarter of 2009-10.

For the first six months period ended September 30, BoB posted a 38% increase in its net profit to Rs 1,878.1 crore from Rs 1,319.5 crore during the same period a year ago.