Technical analyst Hitendra Vasudeo has maintained 'hold' rating on BOC India Limited stock with a target of Rs 475 and 703.

The analyst said that the stock can be purchased with a stop loss of Rs 165.

Mr. Vasudeo said that the said target can be attained within a year.

The stock of the company, on December 28, closed at Rs 326.90 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 346 and a low of Rs 172.10 on BSE.

Current EPS & P/E ratio stood at 7.00 and 47.16 respectively.

Stock market analysts are of the view that investors can buy BOC India Ltd stock to achieve an intraday target between Rs 178-183.

According to them, investors can buy the stock around Rs 175-176 with a strict stop loss of Rs 172.

Shares of the company, on Wednesday (Nov 18), closed at Rs 177.50 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 190 and a low of Rs 105.10 on BSE.

Current EPS & P/E ratio of the stock stood at 4.71 & 36.74.

BOC India has won four gas supply deals from Photo-voltaic manufacturers for supply of gas.

BOC India, the arm of BOC Group, which is the second largest industrial gases company in the world, has signed a long-term deal with Tata Steel Ltd.

Under the arrangement, BOC India will supply over 4000 tons per day of gaseous oxygen, nitrogen and argon to meet the demand arising from a 3 million tons per year expansion programme of Tata Steel Jamshedpur Plant.

According to an official release, BOC India will commission a 2550 tpd Air Separation Unit at the steel works of Tata Steel at Jamshedpur. The company will also immediately acquire and operate three ASUs owned by Tata Steel, as part of the contract.