Punj Lloyd, one of India's leading engineering companies, has informed that its wholly-owned Singapore subsidiary, Punj Lloyd Pte. Ltd. has been awarded a contract worth S$54 million (Rs 167 crore) by FWP.

As per the order, Punj Lloyd will carry out select utilities mechanical works on Jurong Island, Singapore.

FWP is a joint venture between Foster Wheeler Asia Pacific and Worley Parsons.

Rajish Dhall, technical analyst at Observe Securities has advised the investors to remain invested in the counter.

J Kumar Infraprojects Ltd, a civil engineering and infrastructure development company, has secured an order worth Rs 62 crore from Pune Municipal Corp JNNURM Division No 2, Pune to Construct Brigde cum Flyover at Holker Bridge on Mula River in Pune City.

Following the above order the order book position of the company, as on date, stands around Rs 746.95 crore.

The company recently entered stock markets with IPO. The stock couldn't offer good returns to investors as stock markets remained weak during the first half of year 2008.

Hyderabad-based infrastructure major Nagarjuna Construction (NCCL) has bagged three orders worth Rs 474 crore from various firms.

The company has bagged first order worth Rs 252 crore from Engineers India for development of sports facilities and associated infrastructure development work for Commonwealth Games-2010 at North Campus, Delhi University. The project will be completed over a period of 18 months.

BSEL Infrastructure Realty, one of the leading infrastructure development company, has informed that its board of directors has decided to raise up to US$100 million.

The fund would be raised by way of GDR/ADR/FCCB/ and or other securities linked to equity / preference shares and or any instrument or securities representing convertible securities.