Punj Lloyd zooms on bagging two contracts worth Rs 348 crore

20 Feb 2017

Punj Lloyd is currently trading at Rs. 22.05, up by 1.95 points or 9.70% from its previous closing of Rs. 20.10 on the BSE.

The scrip opened at Rs. 20.05 and has touched a high and low of Rs. 22.70 and Rs. 20.05 respectively. So far 1483868 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 28.30 on 15-Sep-2016 and a 52 week low of Rs. 16.90 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 22.70 and Rs. 19.90 respectively. The current market cap of the company is Rs. 695.74 crore.

The promoters holding in the company stood at 36.14%, while Institutions and Non-Institutions held 8.70% and 55.17% respectively.

Punj Lloyd has bagged two orders worth Rs 348 crore in its vertical Pipelines and Tankages. The company has bagged first contract from Mundhra LPG Terminal for EPCC (design, engineering, construction and commissioning) of refrigerated double wall storage tanks and mounded bullets for its LPG Terminal at Mundra, worth Rs 139 crore. The second contract is form Mumbai Port Trust for Installation of offshore / onshore pipeline and terminal work for the 'Fifth Oil (J5) Berth' at Jawahar Dweep in Mumbai Harbour, worth Rs 209 crore.

Punj Lloyd is a diversified international conglomerate offering EPC services in Energy and Infrastructure along with engineering and manufacturing capabilities in the Defence sector.

Related Punj Lloyd Ltd. Links:

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