Punj Lloyd surges 8% on bagging order worth Rs 2,780 crore

NEW DELHI: Shares of Punj Lloyd surged over 7 per cent in Thursday's trade after the company bagged a pipeline contract worth Rs 2,780 crore in Turkey. The company will construct 459 km of the proposed natural gas pipeline TANAP in a 50-50 joint venture with Limak.

Reacting to the development, the scrip saw its value surge 8.73 per cent to a high of Rs 26.15 on the BSE.