Stock market analysts have maintained 'buy' rating on Bharati Shipyard Ltd with an intraday target of Rs 327.

According to them, interested traders can purchase the stock with a strict stop loss of Rs 310.

If the stock markets remain on the positive path then the stock price will hit a target above Rs 335.

Shares of the company, on Monday (Feb 01), closed at Rs 320.30 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 352.80 and a low of Rs 44.55 on BSE.

Current EPS & P/E ratio of the stock stood at 50.13 & 6.60 respectively.

Credit Suisse (Singapore) has announced that purchased 0.83 percent equity stake (0.23 million shares) in Bharati Shipyard for Rs 71.60 million.

Bharati Shipyard Ltd posted a marginal growth in its net profit to Rs 32.93 crore in the December 2009 quarter, as against Rs 32.68 crore during the quarter ended September 2009.

But, the slump in the shipping business and over-supply took a toll on Bharati's revenues, which fell successively by 4% to Rs 319.48 crore in the quarter under review.

The company's EBITDA was Rs 76.91 crore during the December 2009 quarter.

Bharati Shipyard has a strong order book position of Rs 4987.4 crore and its bulk of order book consists of offshore sector like anchor handling tug supply, offshore supply vessels and rigs.