Engineering Sector

L&T secures Rs 1,557 crore order from APPDCL

India’s major Engineering and construction company, Larsen and Toubro L&T secures Rs 1,557 crore order from APPDCL

Siemens wins orders worth Rs 161 crore from Rashtriya Ispat Nigam

Punj Llyod Long Term Call

Religare is bullish on Punj Llyod. It has maintained ‘buy’ rating on the Punj Llyodcompany with a target price of Rs 411.

According to Religare, investors can purchase the stock between Rs 260-265 with a strict stop loss of Rs 240.

Today, the company’s shares opened at Rs 260, as against its last closure at Rs 272.85 on Friday (June 6), on the Bombay Stock Exchange (BSE). Current EPS and P/E ratio stood at 7.30 and 35.68 respectively. The share price has seen a 52-week high of Rs 589.1 and a low of Rs 228.5 on BSE.

The stock will achieve the target price as the company has aggressive growth plans and strong operating capabilities.

Punj Lloyd Signs Collaboration Deal With ST Kinetics

In order to make defence equipment, Gurgaon based Punj Lloyd, an Punj Lloyd Inks Pact With ST Kinetics

L&T Eyes JVs With Railways

Engineering and construction major, Larsen & Toubro is considering Engineering and construction major, Larsen & Toubro

Kirloskar Brothers pockets two contracts worth Rs 99 crore

Kirloskar

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