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• Punj Lloyd rose 3.63% at Rs. 41.45 at 9:47 IST on BSE after the company said its joint venture with Kenyan firm Intex Construction had won Rs. 285 crore road project in the African nation.The announcement was made after market hours on Thursday, 22 December 2011.Meanwhile, the BSE Sensex was up 4.13 points, or 0.03%, to 15,817.49.On BSE, 4.36 lakh shares were traded in the counter as against an average daily volume of 7.98 lakh shares in the past one quarter.The stock hit a high of Rs. 41.90 and a low of Rs. 40.35 so far during the day. The stock had hit a 52-week low of Rs. 37.05 on Tuesday, 20 December 2011. The stock had hit a 52-week high of Rs. 117.40 on 4 January 2011.The stock had underperformed the market over the past one month until 22 December 2011, falling 16.14% compared with the Sensex's 1.57% decline. The scrip had also underperformed the market in past one quarter, tumbling 30.74% as against 3.35% fall in the Sensex.
• The mid-cap engineering and construction company has an equity capital of Rs. 66.42 crore. Face value per share is Rs. 2.The Kenyan project is to construct 62 kilometre road and has to be completed in 30 months, Punj Lloyd said.Punj Lloyd said it also won an Rs. 81 crore project to construct buildings in a special economic zone project in Haryana.Punj Lloyd said during trading hours on Wednesday, 21 December 2011 that it secured a contract worth Rs. 113 crore from ONGC for construction of naphtha feed pipeline from Hazira to Dahej. The order is scheduled to be completed within a period of 14 months.On a consolidated basis, Punj Lloyd's net profit rose 3.4% to Rs. 24.74 crore on 21.4% growth in net sales to Rs. 2376.91 crore in Q2 September 2011 over Q2 September 2010.The Punj Lloyd Group is a diversified international conglomerate offering EPC services in energy and infrastructure along with engineering and manufacturing capabilities in the defence sector.

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