Stock market analyst Anil Singhvi has maintained 'buy' rating on Binani Industries Limited stock to achieve an intraday target of Rs 155.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 136.

The stock of the company, on Oct 07, closed at Rs 140.25 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 144 and a low of Rs 71 on BSE.

Binani Industries Ltd, on Oct 06, declared that it has bagged nod from the company's directors to get hold of the entire public holding in its division Binani Cement.

Binani Cement announced that it will voluntarily delist scrips from both the bourses (BSE and NSE), after receiving nod from share owners.

For April-June period, Binani Industries recorded an increase of 76.62% in its standalone net profit, which stood at Rs 417.70 million.

The company's standalone net profit during the same period of 2009 was Rs 236.50 million.

During the quarter under review, the company's net sales surged 16.32 times to Rs 520.50 million, whereas total income grew by 15.95 times to Rs 521.50 million.