Stock market analysts have maintained 'buy' rating on India Glycols Ltd with an intraday target above Rs 151.

According to them, interested traders can purchase the stock above Rs 147 with a strict stop loss of Rs 142. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 156.

Shares of the company, on Thursday (Oct 22), closed at Rs 146.35 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 147.75 and a low of Rs 41.55 on BSE.

India Glycols Limited is the leading maker of Performance Chemicals, Guar Gum, Glycol Ether & Acetates, Ethoxylates & PEGs, Glycols and Potable Alcohol. The company's constant stress on better quality, through the newest technologies available internationally, makes it a groundbreaker in its field.

India Glycols Ltd functions through three business sections including chemicals, liquor and others.

The company's chemicals sector is engaged in production and sale of ethylene glycol di-ethylene glycol, heavy glycol and ethylene oxide (EO) derivatives. Liquor Segment consists of creation and sale of ethyl alcohol (Potable). Others mainly comprise guar gum and software growth.

The company's divisions include Shakumbari Sugar Allied Industries Limited (SSAIL), IGL Chem International PTE. LTD and IGL Finance Limited.