Tuesday 5 November 2013

BNP Paribas sells 16.80 lakh shares of Punj Lloyd

BNP Paribas Arbitrage has reportedly sold 16.80 lakh shares or 0.50% stake of Punj Lloyd through the open market route. The shares were sold on an average price of Rs 28.28 valuing the transaction to Rs 4.77 crore.

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.

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