Technical analyst Anil Singhvi has maintained 'buy' rating on Maruti Suzuki India Limited stock with an intraday target of Rs 1210.

According to analyst, the stock of the company can be bought with a stop loss of Rs 1155.

The shares of the company, on March 17, closed at Rs 1169.25 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1599.90 and a low of Rs 1150 on BSE.

Current EPS & P/E ratio stood at 79.10 and 15.08 respectively.

As per reports, India's biggest car maker has launched its ten millionth (1 crore) car.

The momentous 1 Crore car, a Metallic Breeze Blue colored WagonR VXi (Chassis No 243899) has been launched by the company's Gurgaon facility.

With this historic accomplishment, the company turned the only Indian car firm, which entered the select club of automobile makers allover the world who crossed this high point.

Maruti Suzuki India Limited began is functioning in the Indian market in the year 1983 (then Maruti Udyog Limited) as a JV between the Indian administration and Suzuki Motor Corporation, Japan.

The reports said that in the month of February, MSIL sold around 1,11,645 vehicles, which comprises 10,102 units of exports.

During February 2010, MSIL had sold 96,650 vehicles in India.

In February this year, the sales remained up by 19.4% in A2 and 27% in A3 section.