Technical analyst Dhaval P Vyas has maintained 'buy' rating on Housing Development Finance Corporation Limited (HDFC) stock with a target of Rs 653.

According to analyst, the investors can buy the stock with a stop loss of Rs 632.

The stock of the company, on March 17, closed at Rs 637.35 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 780.05 and a low of Rs 519.80 on BSE.

Current EPS & P/E ratio stood at 22.67 and 27.65 respectively.

Housing Development Finance Corporation (HDFC), has been admitted by New Yorks Ethisphere Institute in its record of the globe's most honorable firms.

Country's biggest mortgage lender is the only Indian firm in the record.

HDFC stated, "Ethisphere Institutes list, which includes 110 organizations, the largest since the awards inception in 2007, does not have a ranking. Nearly 3,000 companies in more than 100 countries and 36 industries were nominated this year,&."

Besides, HDFC has registered an increase of 32.72% in its net PAT, which stood at Rs 8,908.80 million for the three month period ended Dec 2010 as against Rs 6,712.50 million during the corresponding period of 2009.

Company's total income grew by 20.23% to Rs 33,210.40 million for the period under review as compared to Rs 27,622.10 million for the quarter ended Dec. 31, 2009.