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.