Punj Lloyd shines on bagging order worth Rs 505 crore in Odisha by NHAI

27 Mar 2018

Punj Lloyd is currently trading at Rs. 17.40, up by 1.45 points or 9.09% from its previous closing of Rs. 15.95 on the BSE.

The scrip opened at Rs. 18.40 and has touched a high and low of Rs. 18.40 and Rs. 17.20 respectively. So far 218580 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 29.15 on 01-Jan-2018 and a 52 week low of Rs. 15.80 on 26-Mar-2018.

Last one week high and low of the scrip stood at Rs. 18.40 and Rs. 15.80 respectively. The current market cap of the company is Rs. 535.28 crore.

The promoters holding in the company stood at 35.60%, while Institutions and Non-Institutions held 6.91% and 57.49% respectively.

Punj Lloyd has bagged contract worth around Rs 505 crore for six/four Laning of NH 5 (New NH 16) from Puintola to Tangi (km. 284.000 to km. 355.000) in the state of Odisha on EPC basis by National Highway Authority of India (NHAI). The Construction period is 730 days from the appointed 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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SEBI Registered: Investment Adviser - INA000013323