Thursday, 4 August 2016

Punj Llyod surges 7%

The company has announced that M/s Pt Engineering Limited, subsidiary of the Company has sold its entire shareholding in its wholly owned subsidiary registered in United Kingdom viz Simon Carves Engineering Limited to Engineers and Constructors International, Inc.

Punj Lloyd
Punj Llyod stock was higher by 7% at Rs.21.The company has announced that M/s Pt Engineering Limited, subsidiary of the Company has sold its entire shareholding in its wholly owned subsidiary registered in United Kingdom viz Simon Carves Engineering Limited to Engineers and Constructors International, Inc.

The scrip opened at Rs. 0 and touched a high and low of Rs. 0 and Rs. 0 respectively. A total of 453958(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 654.24 crore.
The BSE group 'A' stock of face value Rs. 2 touched a 52 week high of Rs. 35.8 on 06-Aug-2015 and a 52 week low of Rs. 17.65 on 07-Jun-2016. Last one week high and low of the scrip stood at Rs. 21.4 and Rs. 19.4 respectively.
The promoters holding in the company stood at 36.72 % while Institutions and Non-Institutions held 10.17 % and 53.1 % respectively.
The stock traded above its 200 DMA.

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