Technical analyst Kunal Saraogi has maintained 'sell' rating on Syndicate Bank stock with a target of Rs 125.

According to analyst, the investors can sell the stock with a stop loss of Rs 145.

Today, the stock of the bank opened at Rs 128.15 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 164.20 and a low of Rs 80 on BSE.

Current EPS & P/E ratio stood at 16.79 and 7.69 respectively.

Keeping pace with other banking institutions, Syndicate Bank on Friday has augmented the interest rate on term deposits above Rs 1 crore to 8.5%.

Term deposit above Rs 1 crore with a maturity period between 3-5 years has been raised by 75 basis points to 8.5%.

Syndicate Bank has recorded a net profit of Rs 2,371 million for the three month period ended September 30 as compared to Rs 1,778.10 million for the corresponding quarter of last year.

Total income of the state-owned bank surged 5.40% to Rs 29,728 million in the period under review as against Rs 28,206.40 million for the same period of 2009.