Punj Lloyd gains on winning oil & gas EPC orders

The company announced winning oil & gas EPC orders worth Rs 2070 crore from Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC) which are owned by the Government of the Sultanate of Oman and Oman Oil Company SAOC.

Punj Lloyd is currently trading at Rs. 22.7, up by Rs. 0.25 or 1.11% from its previous closing of Rs. 22.45 on the BSE.The company announced winning oil & gas EPC orders worth Rs 2070 crore from Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC) which are owned by the Government of the Sultanate of Oman and Oman Oil Company SAOC.

The scrip opened at Rs. 22.9 and has touched a high and low of Rs. 23.4 and Rs. 22.45 respectively. So far 678478(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 745.56 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 40.75 on 28-Feb-2015 and a 52 week low of Rs. 20.75 on 20-May-2015. Last one week high and low of the scrip stood at Rs. 24.9 and Rs. 21.7 respectively.

The promoters holding in the company stood at 36.93 % while Institutions and Non-Institutions held 9.84 % and 53.24 % respectively.

The stock is currently trading above its 200 DMA.