Stock market analyst Rajesh Satpute has maintained 'buy' rating on ACC Ltd stock to achieve a target of Rs 865.

According to analyst, the interested investors can buy the stock with stop loss of Rs 815.

The analyst said that the said target can be achieved in 2-3 days.

Today, the stock of the company opened at Rs 837.95 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 78.87 and 10.63 respectively.

The share price has seen a 52-week high of Rs 1017 and a low of Rs 700 on BSE.

According to recent reports, ACC Limited has roped in Kuldip Kaura as its novel CEO and MD.

ACC's directors have given their nod to the new appointment, which will be effective from August 13.

For the three month period ended June 2010, ACC's net profit fell by 26% due to logistic troubles.

The company registered a net profit of Rs 349.47 crore as against Rs 470.98 crore in the same period of 2009.

ACC Ltd's net sales during Apr-Jun period declined to Rs 2,166.89 crore from Rs 2,188.22 crore in Q2 of last year.

In an announcement, ACC said, "Total sales and dispatches were affected because of constrictions in the uninterrupted and sufficient supply of railway wagons and critical raw materials such as fly ash at several plants coupled with delay in stabilisation of recently commissioned cement projects."