Buy Punj Lloyd With Target Of Rs 117

Buy Punj Lloyd With Target Of Rs 117Technical analyst Somil Mehta of Sharekhan has maintained 'buy' rating on Punj Lloyd Limited stock with a target of Rs 117.

According to analyst, the investors can purchase the stock with a stop loss of Rs 102.

The stock of the company, on December 07, closed at Rs 105.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 226.45 and a low of Rs 96.10 on BSE.

Current EPS is -18.59.

During the last month, Punj Lloyd Group has pocketed three new deals worth Rs 15.95 billion.

The diversified global engineering, procurement and construction (EPC) conglomerate has received order worth Rs 11.23 billion from Indian Oil Corporation for the Paradip Refinery Project.

The completion time for the deal is 21 months.

The second order valued at Rs 2.88 billion has been received from Harouge Oil Operations.

Construction will be accomplished in a time period of 16 months.

The third order valued at Rs 1.84 billion from West Bengal Medical Services Corporation (WBMSC) will be fulfilled in a period of 17 months.