Stock market analyst Manoj Sachdeva of Hem Securities has maintained 'buy' rating on YES Bank Ltd stock with a target of Rs 349.

According to analyst, the interested investors can buy the stock at Rs 333 with a stop loss of Rs 328.

The analyst added that the said target can be achieved in 2-3 trading sessions.

The stock of the company, on Sep 22, closed at Rs 332.35 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 344.40 and a low of Rs 189.10 on BSE.

Current EPS & P/E ratio stood at 15.72 and 21.39 respectively.

According to new reports, Yes Bank has paid Rs 1.05 billion as advance tax for the three month period ended September 2010 as compared to Rs 580 million during the corresponding quarter of 2009.

In its standalone numbers for the three month period ended June 30, Yes Bank Ltd registered an increase of 56.26% in net profit, which stood at of Rs 1,563.7 million as compared to Rs 1,000.7 million in the corresponding period of 2009.

The bank earned an interest income of Rs 7,391.9 million during the period under review as compared to Rs 5,426.5 million in April-June quarter of 2009.