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Punj Lloyd zooms on receiving EPCC contract worth Rs 367 crore from IOCL

15 Oct 2015 Evaluate

Punj Lloyd is currently trading at Rs. 28.25, up by 1.35 points or 5.02 % from its previous closing of Rs. 26.90 on the BSE.

The scrip opened at Rs. 27.10 and has touched a high and low of Rs. 28.70 and Rs. 27.10 respectively. So far 898505 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 42.45 on 04-Dec-2014 and a 52 week low of Rs. 20.75 on 20-May-2015.

Last one week high and low of the scrip stood at Rs. 27.65 and Rs. 26.00 respectively. The current market cap of the company is Rs. 929.87 crore.

The promoters holding in the company stood at 36.93% while Institutions and Non-Institutions held 9.70% and 53.37% respectively.

Diversified global conglomerate, Punj Lloyd has bagged an EPCC contract at Paradip Refinery, Odisha from Indian Oil Corporation (IOCL) for a value of Rs 367 crore. The scope of work for the project involves the Residual Basic Engineering including HAZOP study, detailed engineering, procurement, construction and commissioning of the Coker LPG Treating Unit and offsite and utility facility.

Paradip Refinery is located on the east coast of India, 5 km from Paradip Port, in the state of Odisha. The site, spread over a total area of 3344 acres, is about 90 km by road from Cuttack and about 120 km from Bhubaneswar, the capital of Odisha. With this new win, the Group's order backlog stands at Rs 21,833 crore.

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
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