Punj Lloyd builds on overseas contract

DALAL STREET SPIKES

The stock hit a high of Rs 223.40 and a low of Rs 209 during the day. Earlier this month, Punj Lloyd bagged an order worth Rs 1,005 crore from GVK Power for its Govindwal Sahib coal fired thermal power plant project in Punjab.

Punj Lloyd's net profit jumped 459.6 per cent to Rs 129.71 crore on a 87.8 per cent increase in net sales to Rs 1,499.40 crore in Q4 March. 2008 over Q4 March 2007.