Technical analyst Salil Sharma has maintained 'sell' rating on Bharat Heavy Electricals Limited (BHEL) stock with a target of Rs 2250.

According to analyst, the investors can sell the stock with a stop loss of Rs 2340.

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

Today, the stock of the company opened at Rs 2325 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2695 and a low of Rs 2200 on BSE.

Current EPS & P/E ratio stood at 97.90 and 23.73 respectively.

State-run BHEL, which is confronting irregular competition from low-priced equipment supplies from the Chinese market, announced that Chinese companies should set up production bases in the country.

BHEL recorded a 33% increase in its standalone net profit for the quarter ended September 30, 2010.

For the second quarter, the company's quarterly net profit stood at Rs 1,142.28 crore as against a net profit of Rs 857.88 crore in the same quarter of last year.

Company's net sales surged to Rs 8,328.41 crore as against Rs 6,625.21 crore during the corresponding quarter a year ago.