PunjLloyd: A good pick in engineering sector...  

Posted by ChEthAn in

PunjLloyd is one of the good pick in engineering sector. Today they have got an order worth Rs264 crore from the Airport Authority of India (AAI) for building a greenfield airport at Pakyong in Sikkim. It’s a 2 year contract.

Even last month one of its subsidiary company bagged an order for Jurong Strategic Study project at Jurong Lubes Terminal, Singapore for a value of S $ 44,700,000 . On Dec 23rd Punj Lloyd had informed that, they had secured a contract from Municipal Corporation of Delhi for a value of Rs 303.95 for development of parking facility near Jawaharlal Nehru Stadium for the forthcoming Commonwealth Games -2010.

So one can go for buying this stock as it is a fundamentally very strong company and also they keep getting good orders.

This entry was posted on Tuesday, January 6, 2009 at Tuesday, January 06, 2009 and is filed under . You can follow any responses to this entry through the comments feed .

3 comments

Anonymous  

you are doing great job for poor investers like me

January 8, 2009 at 5:14 AM

Thanks buddy :)

January 8, 2009 at 10:03 AM

ppl like me have idea regarding indian market as i am out of country .and can be alert.i can have complete scenerio of company through ur article.thanx.

January 11, 2009 at 6:15 PM

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