Punj Lloyd in demand on reporting decent Q3 numbers

14 Feb 2012

Punj Lloyd is currently trading at Rs. 61.35, up by 1.75 points or 2.94% from its previous closing of Rs. 59.60 on the BSE.

The scrip opened at Rs. 59.60 and has touched a high and low of Rs. 62.40 and Rs. 59.00 respectively. So far 1062798 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 82.00 on 04-Jul-2011 and a 52 week low of Rs. 37.05 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 62.40 and Rs. 55.30 respectively. The current market cap of the company is Rs. 2029.11 crore.

The promoters holding in the company stood at 37.16% while Institutions and Non-Institutions held 22.18% and 40.67% respectively. 

Engineering and construction firm Punj Lloyd has reported consolidated net profit to Rs 74.6 crore for the third quarter ended December 31, on higher sales. The company had clocked a net loss of Rs 59.9 crore in the October-December quarter of the last fiscal.

The income from operations during the quarter went up by 28.71% to Rs 2,694 crore from over Rs 2,093 crore in the same period a year ago.

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.

Related Punj Lloyd Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323