Punj Lloyd up on bagging $40 million order

Punj Lloyd has advanced on the back of bagging project from UAE.

The stock today opened at 174 and touched a high of Rs 176. The scrip is now trading at Rs 175, up 1.5% from its previous close. The counter has clocked volumes of 131,000 shares on the BSE.

The project is worth $40 million which is around Rs 181 crore from Abu Dhabi Gas Industries for infrastructure related works.