Emkay has maintained ‘Buy’ rating on Punj Lloyd stock with a long term target of Rs 414.

According to Emkay, interested investors can purchase the stock on declines with a strict stop loss of Rs 265.

Shares of the company, on Thursday (July 31), closed at Rs 269.10 on the Bombay Stock Exchange (BSE). Current EPS and PE Ratio stood at 7.30 and 36.88 respectively. The share price has seen a 52-week high of Rs 589.10 and a low of Rs 183.20 on BSE.

Hyderabad-based IVRCL Infrastructures & Projects (IVRCL) has been awarded AVR H.N.S.S. Project-Phase II by the Irrigation & CAD department of Andhra Pradesh.

India’s leading Engineering Procurement and Construction Conglomerate IVRCL Infrastructures & Projects Ltd (IVRCL) has received an order worth Rs 3.58 billion from the Irrigation & CAD depa

Hindustan Construction Co. Ltd. (HCC) has announced that its JV with SEW Infrastructure and Megha Engineering & Infrastructure (MEIL) has received an order worth Rs 639 crore from Government of Andhra Pradesh, irrigation and CAD Department.

Under the proposed contract, the Joint Venture firms will build Barrage of around 3.5 km with Head Regulator across River Pranahita (PCLIS - Package-III) near Tummidi Hetti Village in Adilabad District of Andhra Pradesh.