Stock market analysts have maintained 'buy' rating on Amtek Auto Ltd with an intraday target of Rs 195.

According to them, interested traders can purchase the stock with a strict stop loss of Rs 184.

Shares of the company, on Friday (Dec 04), closed at Rs 408.15 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 239.30 and a low of Rs 47.10 on BSE.

Current EPS & P/E ratio of the stock stood at 9.63 & 19.49 respectively.

Amtek Auto, on Dec 02, declared that the company's board has announced dividend to its Equity stockholders at the rate of 25 percent for the fiscal 2008-09 i. e. Rs 0.50 per equity share of Rs
2/- each.

Amtek Auto Limited has grown rapidly and become leader in the worldwide automotive component business with a global existence across Europe, North America as well as Asia.

The company's fabricating capacities comprise Forgings, Iron and Aluminum Castings, Complex Machining & Ring Gears Flywheel Assembly.