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Punj Lloyd soars as institutional investor buys over 2 million equity shares of the company

19 Jun 2014 Evaluate

Punj Lloyd is currently trading at Rs. 58.45, up by 2.55 points or 4.56% from its previous closing of Rs. 55.90 on the BSE.

The scrip opened at Rs. 57.50 and has touched a high and low of Rs. 60.40 and Rs. 57.40 respectively. So far 3523187 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 60.40 on 19-Jun-2014 and a 52 week low of Rs. 20.25 on 04-Sep-2013.

Last one week high and low of the scrip stood at Rs. 60.40 and Rs. 43.40 respectively. The current market cap of the company is Rs. 1961.03 crore.

The promoters holding in the company stood at 37.23% while Institutions and Non-Institutions held 17.29% and 45.49% respectively.

Institutional investor has bought over 2 million equity shares of Punj Lloyd for Rs 11.5 crore through open market. On June 18, 2014 Canara HSBC Oriental Bank of Commerce Life Insurance Company has purchased 2.2 million shares of the company at a price of Rs 52.05 per share. However, name of the sellers not disclosed.

HSBC Oriental Bank of Commerce Life Insurance Company is jointly owned by two of the country’s largest public sector banks - Canara Bank and Oriental Bank of Commerce and HSBC Insurance (Asia Pacific) Holdings, the Asian insurance arm of one of the world's largest banking and financial services groups - HSBC.

Punj Lloyd provides engineering, procurement, construction (EPC) and project management services. It provides services to oil and gas, energy, infrastructure petrochemical, telecom broadband and utilities sectors, among others.

Punj Lloyd Share Price

2.23 0.00 (0.00%)
06-Oct-2022 18:01 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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