Stock market analyst Pradeep Surekha has maintained 'hold' rating on HMT Limited stock with a stop loss of Rs 60.

The analyst said that the investors can exit if this is breached because then the stock will fall to Rs 52

The stock of the company, on January 13, closed at Rs 63.85 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 106.40 and a low of Rs 59.55 on BSE.

Public Sector Hindustan Machine Tools (HMT) is projecting a revenue between Rs 325 crore and Rs 350 crore for the year to attain a level at which there is neither gain nor loss.

Hindustan Machine Tools was eyeing approximately between Rs 325-Rs 350 crore during the initial year.

HMT Chairman and Manging Director, G K Pillai made this declaration.

HMT's existing income stood at about Rs 200 crore.

The country's machine tools biz was worth Rs 8000 crore out of which approx Rs 1500 crore was Indian input and the rest demand was fulfilled by imports from Germany, China , Spain as well as East Europe.

Mr. Pillai also said that HMT would utilize its brand image to turn and record profit in 2011-12 financial year.