Technical analyst Rajesh Satpute has maintained 'sell' rating on Bajaj Auto Ltd stock with a target of Rs 1450.

According to analyst, the investors can sell the stock with stop loss of Rs 1575.

The stock is in declining mood so it's better to sell the stock in today's session.

After selling the stock, the interested investors can enter the stock again with long term view.

Today, the stock of the bank opened at Rs 1460 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1664.50 and a low of Rs 822 on BSE.

Current EPS & P/E ratio stood at 81.86 and 18.28 respectively.

Bajaj Auto, in November 2010, recorded a 9% growth in its motor-cycle sales, which stood at 2,65,036 units as compared to 2,42,390 units in the corresponding period of 2009.

The sales of Pulsar bikes increased 66% to 83,146 units whereas Discover sales grew by 7% to 1,01,033 units.

Under the commercial vehicles section, the company sold 34,195 units during the month as compared to 34,111 units during the corresponding period of 2009.

The company exported 90,869 units during the last month as compared to 98,521 units in November 2009.

Moreover, India's second biggest two-wheeler maker is eyeing a 20% increase in its dealer network to 600 dealerships by 2011.