Stock market analyst Parsh Zaveri of Zaveri Investments has maintained 'buy' rating on Bajaj Auto Limited stock with a target of Rs 1525.

According to analyst, the interested investors can buy the stock with stop loss of Rs 1470.

As per Mr. Zaveri, the said target will be achieved in 4-5 trading sessions.

Today, the stock of the company opened at Rs 1502 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1525 and a low of Rs 703 on BSE.

Current EPS & P/E ratio stood at 73.79 and 20.28 respectively.

As per recent reports, Bajaj Auto Ltd will declare its quarterly results on Oct 19.

The company's directors will assemble on October 19, inter alia, to consider the unaudited financial results for the three month period and half year ending September 30, 2010.

The company also announced that it will increase the production of its popular Discover bikes.

Auto giant said that it will raise the annual capacity of the bike to 20 lakh units as compared to 15.6 lakh units at present by the coming month to fulfill the growing demand.

The company said, "For taking its star brand (Discover) to newer heights, the company is now in the process of enhancing its production capacity to 2 million units annually by next month."

During the last month (August 2010), Bajaj Auto sold 1,27,397 units of Discover.