Punj Lloyd rises on achieving financial closure of gas pipeline project in Malaysia

04 Aug 2017

Punj Lloyd is currently trading at Rs. 21.35, up by 0.55 points or 2.64% from its previous closing of Rs. 20.80 on the BSE.

The scrip opened at Rs. 20.80 and has touched a high and low of Rs. 22.50 and Rs. 20.35 respectively. So far 1099542 shares were traded on the counter.

The BSE group 'B' 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. 22.50 and Rs. 20.35 respectively. The current market cap of the company is Rs. 716.18 crore.

The promoters holding in the company stood at 35.80%, while Institutions and Non-Institutions held 7.22% and 56.98% respectively.

Punj Lloyd has achieved financial closure of largest gas pipeline project in Malaysia. The project worth $822 million, was awarded by Petronas for the construction of 512 km, 36 inch dia pipeline for transporting gas from Sabah oil and gas terminal to the Petronas LNG complex at Bintulu, Sarawak.

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

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Punj Lloyd Share Price

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