Stock market analyst Ashwani Gujral has maintained 'buy' rating on Bata India Ltd stock to achieve a target of Rs 334 in 2-3 trading sessions.

According to analyst, the interested investors can buy the stock with stop loss of Rs 306.

The stock of the company, on August 31, closed at Rs 311 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 333.70 and a low of Rs 162 on BSE.

Current EPS & P/E ratio stood at 12.26 and 25.99 respectively.

Country's top footwear retailer and maker, Bata India Limited, has roped in PR Pundit as its PR Consultancy to look after the company's Corporate and Brand Communication functioning.

For the three month period ended June 30, the company has registered an increase of 40.7% in its net profit.

Bata India's Q2 PBT (profit before tax) saw an increase of 46% at Rs 39.7 crores as compared to Rs 27.2 crores in the corresponding period of last year.

The company's net sales during the second quarter increased by 12.5% at Rs 609.2 crores from Rs 541.7 crores in like period of 2009.

For the first half ended June 30, Bata India's profit before tax climbed 40% at Rs 60.7 crores.