Investors' Focus - Punj Lloyd
Ali On Content / 11 May 2009
Punj Lloyd Group is a diversified global conglomerate providing engineering & construction services and with interests in defence, aviation, marine and upstream sectors. An institutional report considers the counter for long-term investment . Investors with medium-term perspective can invest in the counter.
Punj Lloyd
BSE: 532693
CMP: 123.10
Volume: 3583113
Punj Lloyd Group is a diversified global conglomerate providing engineering & construction services in oil & gas, infrastructure and petrochemicals, and with interests in defence, aviation, marine and upstream sectors. An institutional report considers the counter for long-term investment and gives a price target of Rs 170 achievable in six to eight months. Technically, the counter seems to be attractive on account of the huge built up. Thus investors with medium-term perspective can invest in the counter.
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