Stock analysts have maintained 'Buy' rating on Punj Lloyd Ltd stock to achieve an intra-day target that lies between Rs 118-126.
According to them, interested day traders can buy the stock above Rs 118 with a stop loss below Rs 112.
Shares of the company, on Friday (April 24), closed at Rs 116.10 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 384.50 and a low of Rs 66.65 on BSE. Current EPS and P/E of the stock stood at 112.89 & 9.20 respectively.
So buy it, it will prove that it's definitely a strategic stock.