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Monday, November 26, 2007

Punj Lloyd- Value pic

Punj Lloyd : A must in everyones portfolio.

Punj lloyd is one of the India's large engineering construction company with strong local and international presence. It has a proven track record of managing huge projects.

It has interests in Onshore and Offshore pipelines, Infrastructure, Offshore platforms, Telecom,Engineering ,Power and Broadband services.

It has lot of group Companies sunder its fold
SEC,Simon Carves , KAEFER Punj Lloyd , PLN Construction , Spectra Punj Lloyd.

It has acquired stake in pipapav shipyard for enhancing its E&P and offshore business.

It has entered into real estate with Ramprastha Group.

Lot more to write but all I can say is that this stock has enhanced the share value a lot. It has given phenomenal returns in the past.

I foresee this company as a future L&T with lot of growth potential.

It has huge order book position and is on a right trajectory of growth.

No fixed targets as of now but can start buying at current market price and accumulate if market falls.

I am avoiding giving financials,P/E and other technical terms to keep the investment rationale simple and understandable to everyone.

More Info : Company's Website

2 comments:

Weekender said...

Great Reco Mahitosh....
the stock Zoomed today :)

http://news.moneycontrol.com/mccode/news/article/news_article.php?autono=317005

Mahitosh said...

Thanks Ashish.

This stock is still a hold.

 
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