New order win from ONGC tugs Punj Lloyd higher

21 Dec 2011 Evaluate

Punj Lloyd is currently trading at Rs 37.75, up by 0.30 points or 0.80% from its previous closing of Rs 37.45 on the BSE.

The scrip opened at Rs 39.00 and has touched a high and low of Rs 39.00 and Rs 37.35 respectively. So far 593876 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 117.40 on 04-Jan-2011 and a 52 week low of Rs 37.05 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs 42.50 and Rs 37.05 respectively. The current market cap of the company is Rs 1243.70 crore.

The promoters holding in the company stood at 37.16% while Institutions and Non-Institutions held 23.59% and 39.25% respectively.

Punj Lloyd, a leading engineering, procurement and construction (EPC) conglomerate, has bagged an order worth Rs 113 crore from Oil and Natural Gas Corporation (ONGC). The company has been awarded a contract for construction of Naptha Feed Pipeline from Hazira to Dahej including associated terminal works. The project is scheduled to be completed within a period of 14 months.

Recently, Punj Lloyd Group had bagged an offshore project in Bombay High, Mumbai from ONGC. The project, worth Rs 469 crore ($97.3 million), was scheduled for commissioning in May, 2013.

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%)
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