Stock market analyst Hitesh Chotalia has maintained 'buy' rating on GAIL (India) Ltd stock with a short term target of Rs 485.

According to analyst, the interested investors can buy the stock with stop loss of Rs 462.

The stock of the company, on Sep 06, closed at Rs 467.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 516.85 and a low of Rs 335 on BSE.

Current EPS & P/E ratio stood at 26.58 and 17.77 respectively.

Benefitting from its huge pipeline system, GAIL (India) Ltd is eyeing to set up a gas-based power facility in Maharashtra, Gujarat, MP and UP.

India's major gas marketing firm owns land and other infrastructure facilities available for these divisions.

Mr. B C Tripathi, Chairman and Managing Director stated that GAIL had undertaken a feasibility research for the planned divisions and a plan would be concluded by the next 3-4 months.

GAIL (India) Ltd is the biggest nationalized gas transportation company in the country, integrating all facets of the natural gas value chain.

Forbes listed GAIL as one of the world's 2,000 biggest public company in the year 2007.

The Indian administration set the company in August 1984. The major product offerings of GAIL consist of LNG, power, retail gas, LPG & allied products, petroleum and natural gas.