Punj Lloyd soars on bagging contract worth Rs 1,418 crore

01 Jul 2014 Evaluate

Punj Lloyd is currently trading at Rs. 53.45, up by 2.35 points or 4.60% from its previous closing of Rs. 51.10 on the BSE.

The scrip opened at Rs. 51.80 and has touched a high and low of Rs. 53.65 and Rs. 50.50 respectively. So far 533930 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 60.85 on 19-Jun-2014 and a 52 week low of Rs. 20.25 on 04-Sep-2013.

Last one week high and low of the scrip stood at Rs. 55.80 and Rs. 49.80 respectively. The current market cap of the company is Rs. 1708.63 crore.

The promoters holding in the company stood at 37.23% while Institutions and Non-Institutions held 17.29% and 45.49% respectively.

Diversified global EPC conglomerate, Punj Lloyd has received a letter of award for expansion and revamping of Ahmadi Depot, Kuwait from Kuwait National Petroleum Company (KNPC). This project, valued at Rs 1,418 crore, is scheduled for completion in 35 months. Kuwait is the latest addition to Punj Lloyd's geographical presence, bringing its global operations to 24 countries.

The scope of work includes the Design, Detailed Engineering, Procurement, Construction and Commissioning of 11 new Floating Roof Product Tanks with a capacity of approx 228,000 cubic motors. It also includes allied civil work, interconnecting piping, construction of multiproduct loading points, sub-substation with all electrical systems including emergency power supply and control building besides replacement of depot automation systems (TAS), integration to the new tank gauging system, upgradation of existing Vapour Recovery Unit (VRU), Cathodic Protection System with remote monitoring, fire protection system and all utility packages.

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%)
06-Oct-2022 18:01 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3501.15
Rail Vikas Nigam 371.90
NCC 242.65
KEC International 952.65
Kalpataru Projects 1176.80
View more..
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.