The shares of Punj Lloyd rose by 5.3 per cent to Rs 221.05 after the company said it has received an order worth $108 million (Rs 464 crore) from Spain's Tecnicas Reunidas for a project in Abu Dhabi.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>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. 
</p><p class='TableClas'>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. </P></p><p class='TableClas'></p></table>


Punj Lloyd builds on overseas contract

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