Quarterly Result: Punj Lloyd Ltd
Bhagyashree Vivarekar / 01 Dec 2016
Punj Lloyd Ltd., is currently trading at Rs. 20.55, up by 0.5 points or 2.49% from its earlier closing of Rs. 20.05 on the BSE. The company's net loss has surged by Rs 3.5 cr to Rs 225.8 cr, triggered by Rs 50 cr decrease in other income and 5.4% yoy surge in finance cost.
Punj Lloyd Ltd., is currently trading at Rs. 20.55, up by 0.5 points or 2.49% from its earlier closing of Rs. 20.05 on the BSE.
The scrip has touched a high and low of Rs. 20.65 and Rs. 20.05 respectively, after opening at 20.5. By far 1273480(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 50 DMA.
Standalone Results Q2FY17:
Punj Loyd Ltd., has reported its standalone numbers for Q2FY17 after market hours.
Revenue for the quarter is flat at Rs. 996 cr.
Punj's EBITDA loss has depleted from Rs 23 cr in Q2FY16 to Rs. 3 cr in Q2FY17, anchored by 41.7% yoy decrease in other expenses.
The company's net loss has surged by Rs 3.5 cr to Rs 225.8 cr, triggered by Rs 50 cr decrease in other income and 5.4% yoy surge in finance cost.
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