Technical analyst A Simi Bhaumik has maintained 'buy' rating on ACC Limited stock with an intra-day target of Rs 1090.

The analyst said that the stock can be purchased with a stop loss of Rs 1048.

The stock of the company, o December 15, closed at Rs 1065.35 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1133.45 and a low of Rs 700 on BSE.

Current EPS & P/E ratio stood at 60.98 and 17.48 respectively.

During the last month, ACC's cement production remained up by 4.76% to 1.76 million tons as compared to 1.68 million tons l during the same period of 2009.

The company said that its dispatches grew by 4.82% to 1.74 million tons as against 1.66 million tons in November 2009.

For the first eleven month of the year, the cement fabrication slipped 1.03% to 19.31 million tons as compared to 19.51 million tons in November 2009.

For July-September period, ACC Ltd recorded a consolidated net profit of 863.09 million as compared to Rs 4,155.1 million for the same period of 2009.

Company's consolidated net sales stood at Rs 20,773.8 million for the period under review as compared to Rs 17,591.7 million for the same quarter of 2009.