Stock market analysts have maintained 'buy' rating on Bharati Shipyard Ltd with an intraday target of Rs 335.

According to them, interested traders can purchase the stock above Rs 332 with a strict stop loss of Rs 329.

If the stock markets remain on the positive path then the stock price will hit a target above Rs 342.

Shares of the company, on Tuesday (Feb 02), closed at Rs 329.70 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.

According to reports, 3 directors of Bharati Shipyard joined the board of integrated offshore oil field services supplier Great Offshore Ltd.

In Dec 2009, Bharati Shipyard bought a 45.88 percent equity stake in Great Offshore, utilizing a grouping of public offer and creeping acquirement paths.

Great Offshore has also informed that it has postponed its plan to lift up funds by way of issue of securities.

The company's directors, at its meeting on Tuesday, settled to reschedule the plan of lifting funds via further issue of securities.

Moreover, Credit Suisse (Singapore) has bought 0.23 million shares of Bharati Shipyard for Rs 71.60 million on Feb 01.