Stock market analyst Sanjay Surekha is of the view that investors can buy Kingfisher Airlines Ltd stock with target of Rs 60.

Mr. Sharma said that the interested investors can buy the stock with stop loss of Rs 43.

The shares of the company, on July 01, closed at Rs 49.15 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 67.40 and a low of Rs 39.70 on BSE.

Current EPS is -46.61.

On June 08, Kingfisher Airlines, India's second largest carrier by number of riders carried, has turned a member of the Oneworld alliance, a worldwide grouping of airlines.

The process of coming on board will take the airline 18-24 months.

It also entered into a formal deal with the other members of this coalition. There are 12 other members in this 'oneworld' pact.

Kingfisher Airlines is a top Indian airline based in Bangalore. Kingfisher Airlines, via its parent company United Breweries Group, holds a 50% equity stake in low-cost carrier Kingfisher Red.

It is one of six airlines in the world to have a 5 star ranking from Skytrax, together with Asiana Airlines, Malaysia Airlines, Qatar Airways, Singapore Airlines and Cathay Pacific Airways.