Punj Lloyd receives order from Spain worth US$ 108 Million

Punj Lloyd Ltd has announced that the Company has received an order from Tecnicas Reunidas, Spain for an approx. value of US Dollar 108 million towards mechanical works on 2 Offsites & Utilities Project of Abu Dhabi Polymers Company, UAE.The scope of the work involves Steel Erection, Piping Fabrication & Erection, Equipment Erection, Painting & Insulation.The stock was trading at Rs.213.95, up by Rs.4.05 or 1.93%. The stock hit an intraday high of Rs.217.60 and low of Rs.209.The total traded quantity was 975251 compared to 2 week average of 1387016.