Technical analyst Sanjay Surekha has maintained 'buy' rating on Sterlite Industries (India) Limited stock with a target of Rs 185.

According to analyst, the stock can be bought with a stop loss of Rs 158.

The stock of the company, on February 02, closed at Rs 168.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 223 and a low of Rs 148.80 on BSE.

Current EPS & P/E ratio stood at 13.46 and 12.73 respectively.

Sterlite Industries recorded a big jump of 60.27% in its consolidated net profit, which stood at Rs 1,101 crore for the three month period ended December 2010 on the back of higher sales.

Sterlite Industries, which is an arm of Anil Agarwal-led Vedanta Resources, had posted a consolidated net profit of Rs 686.93 crore suring the corresponding period of 2009.

The net sales of non-ferrous metals and mining company surged to Rs 8,294.32 crore in Oct-Dec quarter as against Rs 6,669.28 crore in the same period of the last fiscal.

Sterlite is engaged in the biz of zinc and lead via Hindustan Zinc; copper via Sterlite Industries India and Copper Mines of Tasmania Pty .

It also possesses Bharat Aluminium Company that is involved into the manufacturing of aluminium and alumina.

Another operating firm, Sterlite Energy, is into commercial power generation biz.