hi nsm28,

I have also 2500 shares at 250 level.. we have only option to hold.

Hold this golden script with the target price of 420-455/- in the year 2010....

Punj Lloyd
Cluster: Apple Green
Recommendation: Buy
Price target: Rs532
Current market price: Rs243

Q1FY2009 results: First-cut analysis

Result highlights

Punj Lloyd Ltd’s (PLL) Q1FY2009 results were ahead of our expectations, on both revenue and profitability front, led by strong performance of the stand-alone entity as well as its subsidiaries.
On a consolidated basis, PLL reported a robust 89.9% growth in the revenues to Rs2,648.8 crore led by strong growth across all the segments of business, barring tankages.
The company reported a foreign exchange loss of Rs50 crore, which we have considered as one-time expense. Consequently, the operating profit grew by 115.5% to Rs261.6 crore. The operating profit margin (OPM) improved by 117 basis points to 9.9%.
The reported profit was up 121.4% to Rs131.7 crore, which is well above our as well as street’s expectations, on the back of stronger than expected revenue growth. The reported profit after tax (PAT) was higher by 88% to Rs111.9 crore.
The current unexecuted orders stood at Rs2,0162.1 crore at the end as against Rs1,5624.2 crore in the same period last year. The process plant division continued to form majority (42%) part of the order backlog.
We shall revert back to you with a detailed update after the conference call with the management. We continue to maintain Buy call on the stock. At the current market price the stock discounts it FY2010E earnings by 10.5x. ...

We can buy at this level with the target price of 170-175/- within one month....

Buy this golden script it can touch 300 on tuesday!!...

According to technical forecaster, Ashwani Gujral the Punj Lloyd can climb upto Rs 390.
Gujral said, “For Punj Lloyd Rs 280-285 is a key resistance, once it can stay above that, then it can easily go up to Rs 390. The important point here is that people are very cautious but the market is not responding with the vigor on the downside”

He further added, \\\\...

Any one please advice i am holding 200 shares of PUNJLLOYD at 285 level should i hold or exit??? Regards....

Buy this golden scrpit it can cross 850-8650/- tomorrow.... keep eyes on this stock.......

thanks for ur info posted regards...

Thanks a lot wepositive.R u sure abt the target for 2010.Is it b\\`coz of its great upcoming projects that u feel it will reach this target.Please reply.I too beleive u I just wanted to know the reasons.Even I have invested haevily in this script but at slightly lower levels.Thanks in advance....

It\\`s either 300 or 225 . The RBI credit policy is also being announced on Tuesday were the CRR MRR are going to be increased....

i have 200 share 275 what r i do hold/sell please...

860 is the target you are very right sir...Great . ...

me too having @280 ......

To wepositive.... Dear friend, Let us be positive for the dividend as well as bonus. I am giving below the company's notices to the BSE. "Source: BSE - Larsen & Toubro Ltd (L&T) has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2008, inter alia, has decided to issue Bonus Shares in the ratio of 1:1 (1 share of Rs 2/- each to be issued for every 1 share of Rs 2/- each held) subject to the approval of the Shareholders. Date: 2008-05-29 Source: BSE - Larsen & Toubro Ltd (L&T)has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2008, inter alia, has recommended a Dividend of Rs 15/- per share together with the Special dividend of Rs 2/- per share declared on July 03, 2007, works out Rs 17/- per share for the year (previous year Rs 13/- per share). Date: 2008-05-29 First dividend will be paid and then arecord date for bonus shares issue will be announced. V.Krishnamoorthy ...