Sharekhan puts 'buy' on Punj Lloyd
Punj Lloyd has been seeing significant decline in order intake, which is now picking up.
By ET Bureau |
Market price: Rs 270.15
Target price: Rs 294
Punj Lloyd has been seeing significant decline in order intake, which is now picking up.
Further, the key pressure point for the company in FY2009 was the poor performance of its subsidiary (Simon Carves) for which the management is taking steps by reducing cost and enhancing the profitability.
Target price: Rs 294
Punj Lloyd has been seeing significant decline in order intake, which is now picking up.
Further, the key pressure point for the company in FY2009 was the poor performance of its subsidiary (Simon Carves) for which the management is taking steps by reducing cost and enhancing the profitability.
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