Stock market analyst Hitesh Chotalia has maintained 'sell' rating on Hero Honda Motors Ltd stock with a target of Rs 1670.

According to analyst, the interested investors can sell the stock with strict stop loss of Rs 1770.

Today, the stock of the company opened at Rs 1701.60 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2094 and a low of Rs 1509 on BSE.

Current EPS & P/E ratio stood at 111.34 and 15.84 respectively.

Hero Honda announced an increase of 2.28% in its sales during August.

The company's monthly sales stood at 4,24,617 units in August as against 4,15,137 units sold during August last year.

The company registered a sales of over 4,00,000 units on a monthly basis for the fourth time in a single month.

HHML's Senior Vice-President (Marketing and Sales) Anil Dua, stated that the domestic 2-wheeler biz remains strong and the company anticipate growth to uphold this route in the coming months.

Moreover, in the start of this month, India's biggest two-wheeler manufacturer rolled out a novel member of its one of the record sellers -- Super Splendor at a cost of Rs 45,950.