Stock market analyst Anil Singhvi has maintained 'buy' rating on Bharat Petroleum Corporation Limited (BPCL) stock with an intra day target of Rs 800.

According to analyst, the stock can be purchased with a stop loss of Rs 744.

Mr. Singhvi also said that there are full chances of an upsurge as the energy giant has recorded gained in its quarterly earnings.

The stock of the company, on Nov 10, closed at Rs 755.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 814.90 and a low of Rs 495.10 on BSE.

Current EPS & P/E ratio stood at 41.66 and 18.51 respectively.

State-owned BPCL recorded a net profit of Rs 2,142.2 crore for the three month period ended September 30 as compared to a net loss of Rs 158.7 crore in the same period of last year.

As per reports, the company registered such an increase owing to better sales volume and higher compensation from the administration for marketing petroleum products at a subsidized rate.

During the period under review, the company's total income grew by 30.70% to Rs 35,968.36 crore as compared to Rs 27,513.40 crore during the same period of last year.