Stock market analyst D Prasad has maintained buy rating on Aegis Logistics Limited stock with a target of Rs 390.

The interested investors can buy the stock with stop loss of Rs 319.

Mr. Prasad said that the said target can be achieved in a period of two months.

Today, the stock of the company opened at Rs 348 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 416.80 and a low of Rs 87.90 on BSE.

Current EPS & P/E ratio stood at 10.50 and 32.47 respectively.

For fiscal 2010-11, Aegis Logistics Ltd declared that its directors at its meeting held on October 30, announced interim dividend of Rs 2.00 a share of Rs 10/- each.

Aegis Logistics has pocketed a 5 year operations and maintenance (O&M) deal for the product storage and dispatch processes at Bharat Oman Refinery (BORL) at Bina in Madhya Pradesh.

The deal starts by the coming month (December 2010).

Raj Chandaria, vice chairman and managing director (MD) stated, "This new contract with BORL marks a significant step in the entry of Aegis Logistics into a new business area and the development of a new revenue stream."