As per views of stock market experts, investors can purchase Punj Lloyd Limited stock above Rs 270, in order to achieve an intraday target of Rs 276.

The stop loss for the suggested counter is Rs 265. The stock pricing becomes more attractive, and reach above Rs 278, if the stock markets remain positive.

On Wednesday (July 23), the company’s shares closed at Rs 269.90 on BSE. The total volume of the shares traded was 1874343. Current EPS and P/E ratio stood at 7.30 and 35.58 respectively. The stock has also seen 52-week high of Rs 589.10 and low of Rs 183.20 on BSE.

Mumbai-based J Kumar Infraprojects Limited, a civil engineering and infrastructure development company, has received two orders worth Rs 53 crore from two different firms.

The company has bagged the first order worth Rs 20 crore from Mumbai Metropolitan Region Development Authority. The order includes construction of Sky Walk from: Kanjurmarg Station (East) to MMRDA Colony, from Virar Station (East), from Virar Station (West).

While, the second order worth Rs 33 crore has secured from Planning Cell, Engineering Services and Project Bldg for Augmentation of SWD system at Catchment No 117 BPT Colony, railway Yard and Training of Kharoo Creek Nalla.

Infrastructure firm Era Infra Engineering Ltd has received a contract worth Rs 30.98 crore from National Automotive Testing and R&D Infrastructure Project (NATRIP) for Construction of Buildings

IVRCL Infrastructures and Projects Limited informed that it has secured five new orders worth Rs 351.21 crore from various firms.  

According to an official release, the first order worth Rs 98.36 crore for the building division has been secured from Andhra Pradesh Industrial Infrastructure Corporation for construction of research buildings complex and providing infrastructure facilities for IGCAEL at Pulivendula, Kadapa Districtrores.

The company has bagged second order worth Rs 79.50 crore from Bangalore Metropolitan Transport Corporation for construction of traffic and transit management centre under JNNURM scheme-package.