Stock Report

Punj Lloyd secures a Contract for a value of US $ 44.90 Mn



Posted On : 2007-04-19 04:08:31( TIMEZONE : IST )

Punj Lloyd secures a Contract for a value of US $ 44.90 Mn

Punj Lloyd Ltd has announced that the Company has been awarded a contract by Ras Laffan Olefins Company Ltd, USA to execute a contract for construction of Dense Phase Ethylene and Butene Pipelines between Ras Laffan and Mesaieed Industrial cities in the State of Qatar for a value of US $ 44.90 Mn.

The stock closed the day at Rs.184.95, up by Rs.2.45 or 1.34%. The stock hit an intraday high of Rs.186.95 and low of Rs.177.25. The total traded quantity was 372427 compared to 2 week average of 473509.

Source : Equity Bulls

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