Stock market analyst Rajesh Gupta of Fairwealth Securities has maintained 'buy' rating on Kalyani Steels Ltd stock to achieve a target of Rs 146.5.

Mr. Sharma said that the interested investors can buy the stock around Rs 141.5-143 with a strict stop loss of Rs 140.

Mr. Gupta added that the investors can also hold the stock to achieve a medium term target of Rs 185. The stock will take around 6 months to hit this target.

The stock of the company, on Sep 09, closed at Rs 142.20 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 153.75 and a low of Rs 32.58 on BSE.

Current EPS & P/E ratio stood at 14.82 and 9.82 respectively.

For the three month period ended June 30, Kalyani Steels Ltd registered a net profit of Rs 201.11 million as against a loss of Rs 12.52 million during the same period of last year (2009).

The company's net sales during the three month period grew by 69.06% to Rs 3,361.20 million.

The company's total income for April-June period increased by 68.91% to Rs 3,366.27 million as against the like period of 2009.

The company's EPS during the said period stood at Rs 4.61 per share.

The company functions in 3 sections including iron and steel, power, and finance and investments.