Stock market analyst Salil Sharma has maintained 'sell' rating on Larsen & Toubro Ltd stock with target of Rs 845.

According to analyst, the investors can sell the stock with stop loss of Rs 880.

Today, the stock opened at Rs 863 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 1009.50 and a low of Rs 621.90 on BSE.

Current EPS & P/E ratio stood at 36.10 and 23.78 respectively.

ICICI Bank declared that it would declare its base rate on Wednesday (June 30). The banking institution also announced a dividend of 120% at its AGM, which took place on June 28.

Mrs. Chanda Kochhar, managing director and CEO of ICICI Bank, stated, "We just concluded our annual general meeting which saw all resolutions being passed unanimously. We have recommended a dividend of 120 per cent."

She also stated that ICICI bank would declare its base rate on June 30.

The current rates would be altered as per the base rate, which comes into effect from July 1.

She also stated that announcement of dividend is a result of an increase in the bank's consolidated income.

In the meantime, ICICI brand had been graded among the Top 50 Global Brands and rated at $14.5 billion by BrandZ, a brand management company.