Hold Punj Lloyd, says Sharmila Joshi

Sharmila Joshi, Head of Equity at Peerless Securities advised holding Punj Lloyd. She said the target price for the stock would be Rs 56-58.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Travelcafe
moneycontrol.com

Home » News » Stocks Views

Mar 28, 2013, 07.37 PM | Source: CNBC-TV18

Hold Punj Lloyd, says Sharmila Joshi

Sharmila Joshi, Head of Equity at Peerless Securities advised holding Punj Lloyd. She said the target price for the stock would be Rs 56-58.

Like this story, share it with millions of investors on M3

Hold Punj Lloyd, says Sharmila Joshi

Sharmila Joshi, Head of Equity at Peerless Securities advised holding Punj Lloyd. She said the target price for the stock would be Rs 56-58.

Post Your Comments

Share Cancel

Sharmila Joshi (more)

, sharmilajoshi.com | Capital Expertise: Equity - Fundamental ,IPO

Sharmila Joshi, Head of Equity at Peerless Securities advised holding Punj Lloyd . She said the target price for the stock would be Rs 56-58.

Joshi told CNBC-TV18, “Here we have a company (Punj Lloyd) where we are seeing slightly better numbers and they came from a patch where quarter-on-quarter (Q-o-Q) they didn’t deliver and there were all kind of issues. However, I don’t think the kind of numbers that they have shown are exciting enough and this whole space is feeling a lot of pain.”

“And to my mind again even it is not like you are going to get significantly higher levels very soon in a hurry. So, I would put a target of about Rs 56-58. For the moment it becomes a hold. However, going ahead this is going to be one of those this entire sector is not out of the woods and it is something that is going to try investor patience,” Joshi added.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Hold Punj Lloyd, says Sharmila Joshi

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login