Stock market analyst Simi Bhaumik has maintained 'sell' rating on Tata Steel Ltd stock with targets of Rs 625 and 620.

According to analyst, the investors can sell the stock with a stop loss of Rs 652.

Mr. Gujral said that after selling the stock, the interested investors can buy the stock on declines for medium or long term target.

The stock of the company, on Oct 08, closed at Rs 626.95 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 737 and a low of Rs 446 on BSE.

Current EPS & P/E ratio stood at 39.33 and 16.21 respectively.

For the July-September period, Tata Steel's domestic sales grew by 14%, whilst its sales for the first six month period of 2010-11 climbed 6%as compared to the corresponding period of 2009-10.

As per compay's statement, "Tata Steel completed the second quarter and the first half of FY'11 with a significant increase in its production and sales volume as compared to the corresponding period of last year."

The company sold around 1.46 million tonnes of steel during the second quarter of 2010-11.

During the three month period under review, the company witnessed its saleable steel fabrication growing by 6% to 1.61 million tonnes as compared to 1.51 million tonnes last year.

Besides, Tata Steel has increased its concentration on managing liquidity by stretching loan terms.

This is part of the company's plans to finish its capacity growth plans by the next two-three years.