Punj Lloyd surges on bagging order worth Rs 120 crore

18 Sep 2017

Punj Lloyd is currently trading at Rs. 22.90, up by 1.20 points or 5.53% from its previous closing of Rs. 21.70 on the BSE.

The scrip opened at Rs. 22.15 and has touched a high and low of Rs. 23.60 and Rs. 21.65 respectively. So far 7,99,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 27.25 on 16-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. 24.40 and Rs. 21.50 respectively. The current market cap of the company is Rs. 768.17 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 won a prestigious order worth Rs 120 crore for the supply and commission of five Full Body Truck Scanners (FBTS) from the Ministry of Home Affairs. The company will be the first private sector company in India to install these X-Ray based FBTS at the country’s borders, which can detect concealed arms, ammunition, explosives, detonators, IEDs, narcotics and fake currency.

The Group’s order backlog stands at Rs 11,835 crore, after excluding orders of Rs 6,845 crore in Libya, which are not seeing traction. The order backlog is the value of unexecuted orders on June 30, 2017 plus new orders received after that date.

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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