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Punj Lloyd touches the roof on bagging order worth Rs 3,515 crore

08 Sep 2014 Evaluate

Punj Lloyd is currently trading at its upper circuit limit of Rs. 40.60, up by 3.65 points or 9.88 % from its previous closing of Rs. 36.95 on the BSE.

The scrip opened at Rs. 36.55 and has touched a high and low of Rs. 40.60 and Rs. 36.55 respectively. So far 898831 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 60.85 on 19-Jun-2014 and a 52 week low of Rs. 21.90 on 06-Sep-2013.

Last one week high and low of the scrip stood at Rs. 41.65 and Rs. 35.75 respectively. The current market cap of the company is Rs. 1348.31 crore.

The promoters holding in the company stood at 37.16% while Institutions and Non-Institutions held 14.20% and 48.64% respectively.

Punj Lloyd Group, the global, diversified EPC giant has won Rs 3,515 crore RAPID Tank Farm order from PRPC Refinery and Cracker Sdn. Bhd,  a subsidiary under the Potroliam Nasional Borhad (PETRONAS) group, Malaysia’s national energy company.

The Tank Farm is part of PETRONAS’ Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang, Johor, Malaysia. Developed within a 6,242-acre site, RAPID is part of the colossal PETRONAS Pengerang Integrated Complex (PIC) development, along with RAPID's associated facilities including the Pengerang Co-generation Plant (PCP), Re-gasification Terminal 2 (RGT2), Air Separation Unit (ASU), Raw Water Supply Project (PAMER), Crude and Product Tanks (SPV2) and central and shared Utilities and Facilities (UF).

Punj Lloyd’s scope of work in the RAPID Tank Farm project includes Project Management, design, engineering, interface with other contractors and third parties, procurement, construction, inspection and testing, pre-commissioning and commissioning. The RAPID Tank Farm will be a critical project requiring expertise in the construction of different types of tanks including storage tanks, LPG tanks, mounded bullets, Light Cracked Naphtha storage, transfer pumps and additive packages.

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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