Technical analyst Somil Mehta of Sharekhan has maintained 'buy' rating on Punj Lloyd Limited stock with a target of Rs 110.

According to analyst, the investors can purchase the stock with a stop loss of Rs 99.

The stock of the company, on January 24, closed at Rs 102.75 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 193.30 and a low of Rs 96.10 on BSE.

Current EPS is -18.59.

Punj Lloyd Group, on Jan 20, announced that it had pocketed 3 oil and gas deals worth Rs 645 crore in India, Oman and Indonesia.

The biggest deal valued at Rs 323 crore has been granted by Occidental Mukhaizna for engineering and building of a novel water treatment plant in Oman.

The order is said to be finished by the next 27 months.

The second order, which is valued at Rs 271 crore, has been awarded by Indonesian oil company Pertamina.

The third deal worth Rs 51 crore has been awarded to GAIL India.

With these fresh orders, the company's order backlog on consolidated basis has surged to Rs 29,423 crore.