Stock market analyst Salil Sharma is of the view that investors can buy Punj Lloyd stock to achieve an intraday target of Rs 138.

According to analyst, the investors can buy the stock with stop loss of Rs 119.

The shares of company, on June 17, closed at Rs 126.15 the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 298.80 and a low of Rs 115 on BSE.

Current EPS is -12.97.

Sembawang Engineers and Constructors, a division of Punj Lloyd, on June 16, declared that it has pocketed an order worth around Rs 13.94 billion from Sentosa, Singapore.

The scope of work comprises building of hotel, spa, beach villas, an oceanarium and water theme park in Singapore.

Punj Lloyd, on June 08, has bagged a deal from the Rajiv Gandhi Institute of Petroleum Technology to build up their technical institute at Rae Bareli.

The scope for order, which is valued at Rs 1.79 billion, includes civil, structural and related work comprising site development for establishment of Rajiv Gandhi Institute of Petroleum Technology.