Stock market analyst Pradeep Surekha is of the view that investors can hold Vijaya Bank stock.

According to analyst, the investors can buy the stock with stop loss of Rs 57.

Mr. Surekha said that the stock has resistance at Rs 65.

The shares of the bank, on June 08, closed at Rs 61.70 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 63.30 and a low of Rs 38.50 on BSE.

Current EPS & P/E ratio stood at 11.70 and 5.31 respectively.

Vijaya Bank and United India Insurance Company Ltd, on June 03, inked a MoU for distributing general insurance products of the latter through the banking institution on a referral basis.

Mr. G Srinivasan, United India Insurance Company Chairman & MD stated that as Indian economic system was booming and awareness on insurance had increased, which, in turn, indicated a vast growth for insurance firms to expend their footprint.

The MoU plans to leverage Vijaya Bank's pan- India attendance of more than 1160 decisions and United India Insurance Company's huge product range.

The clients will get the complete range of health insurance products under one roof.