Technical analyst Rajen Shah of Angel Broking has maintained 'buy' rating on BOC India stock to achieve a long term target of Rs 300.

According to Mr. Shah, the interested investors will buy the stock at the current level.

Today, the shares of the company opened at Rs 215.75 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 227.50 and a low of Rs 140.10 on BSE.

Current EPS & P/E ratio stood at 6.07 and 36.07 respectively.

BOC India declared a phenomenal increase in its standalone net profit for the three month period ended March 31, 2010.

During the period under review, the company's profit zoomed 4.73 times to Rs 238.30 million as compared to Rs 50.40 million during the corresponding period of 2009.

The company's net sales during the quarter rose 61.41% to Rs 2,552.80 million.

BOC India posted an increase of 61.46% in its total income, which stood at Rs 2,560.90 million as against the prior year period.

The company recorded an EPS of Rs 2.79 per during the period, registering 4.73 times growth over previous year period.