Spiga

Punj Lloyd builds on new order win

The company’s current equity is Rs 60.68 crore. Face value per share is Rs 2.

The current price of Rs 324.75 discounts Q3 December 2007 annualized EPS of Rs 5.2, by a PE multiple of 62.45.

Sembawang Infrastructure India, which won the order, is an arm of Singapore's Sembawang Engineers & Constructors that is fully owned by Punj Lloyd.

Punj Lloyd announced on Friday, 7 March 2008, that a consortium of the company had won a gas pipeline project worth $500 million in Malaysia.

Punj Lloyd’s net profit rose 105.7% to Rs 39.16 crore on 91.4% growth in net sales to Rs 1243.75 crore in Q3 December 2007 over Q3 December 2006.

The company provides engineering, designing, procurement, construction and project management services for energy industry and infrastructure sector projects.

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