Technical analyst Kunal Saraogi has maintained `sell' rating on Andhra Bank Limited (L&T) stock with a target of Rs 160.

According to analyst, the investors can sell the stock with a stop loss of Rs 175.

It is better to sell stock in today's session as there are full chances of decline.

Today, the stock of the company opened at Rs 171.25 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 190.15 and a low of Rs 96.20 on BSE.

Current EPS & P/E ratio stood at 23.49 and 7.34 respectively.

During the second quarter ended September 30, Andhra Bank registered a 10.6% growth in its net profit, which stood at Rs 303 crore as compared to Rs 274 crore during the same period of the previous year.

The bank's operating profit increased to Rs 565 crore as against Rs 453 crore.

Net interest income of the bank grew by 52% to Rs 783 crore as compared to Rs 515 crore in the same period of 2009.

Total biz of the bank surged 26% to Rs 1.39 lakh crore as against Rs 1.10 lakh crore.

Advances of the banking institution grew from Rs 48,182 crore to Rs 61,020 crore.