What is the short term target of BHEL
Punj Lloyd Group awarded S$ 400 Million (INR 1119.2 crore) Project by Marina Bay Sands Pte Ltd, Singapore-18-02-2008
Punj Lloyd gained 1.80% to Rs 1047, The counter clocked volumes of 1.11 lakh shares on BSE.The scrip has history showing recovery from a low of Rs 996.55 on 10 January, to Rs 1028.60 by 6 February 2007 as buying was continued now even it has more potentiality.
Recently, Punj Lloyd, along with its offshore engineering arm, PT Sempec Indonesia, a wholly-owned subsidiary, secured an offshore platform project - Heera Redevelopment Project - on an engineering, procurement, construction (EPC) basis from ONGC. The Heera field is located about 80 km west of Mumbai, in the Arabian Sea. The project is scheduled to be completed within 16 months.
With this, the order backlog for the group is Rs 11,201.74 crore, representative of unexecuted orders till 30 September 2007, and all new orders re ...more