Stock market analyst Somil Mehta of Sharekhan has maintained buy rating on ITC Limited stock with a target of Rs 190.

The interested investors can buy the stock with a stop loss of Rs 174.

The stock of the company, on Nov 09, closed at Rs 177.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 184.70 and a low of Rs 116.62 on BSE.

Current EPS & P/E ratio stood at 5.88 and 30.20 respectively.

ITC has registered an increase of 23.45%in its net profit after tax (PAT), which stood at Rs 12,467.40 million for the three month period ended Sep. 30, 2010.

FMCG major had a met PAT of Rs 10,099.10 million during the three month period ended September 30, 2009 as compared to Rs 44,733.90 million for the quarter ended September 30, 2009

The company's total income grew by 17.85% to Rs 52,716.70 million for the quarter ended Sep. 30, 2010.

ITC Ltd is one of the country's premier private sector firms with diversified attendance in businesses including Cigs, hotels, paperboards & specialty papers, packaging, agriculture biz, packaged foods & confectionery, greeting cards, IT, safety matches, branded clothes and other FMCG products.