Monday, February 18, 2008

Punj Lloyd - The Gem

Currently market favourite sectors are Infrastructure and Banking. Punj LLoyd.

The company has very large visible projects and they have been doing very well.

70% of its order book is from shining oil and gas sector.

Though disappointing previous quarter Punj Lloyd is successfull in improving operating margins significanly and it remains the The Gem of Indian Stock Market. With about 12bn$ to get invested in indian infrastructure sector by 2010 and looking at Strong order book of the company it is advisable to invest in this company with a view of 6 to 9 months for handsome gains.