Stock market analyst Parsh Zaveri of Zaveri Investments has maintained 'buy' rating on Mahindra & Mahindra Limited stock to achieve a target of Rs 755.

The analyst said that the stock can be purchased with a stop loss of Rs 725.

The analyst added that the investors need to hold the stock for 1-2 trading sessions to attain the said target.

The stock of the company, on January 11, closed at Rs 735.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 826.40 and a low of Rs 475.55 on BSE.

Current EPS & P/E ratio stood at 39.73 and 18.50 respectively.

Auto giant Mahindra & Mahindra's Farm Equipment Sector (FES) section registered a 31.31% growth in tractor sales during the last month of 2010.

The company sold around 16,334 units during December 2010 as compared to 12,439 units in the corresponding period of 2009.

The domestic sales of the company remained up by 31.41% to 15,135 units as compared to 11,517 units during the same period of 2009.

Exports during December 2010 surged 30.04% to 1,199 units as against 922 units during the year-ago month.