Punj Lloyd is really in bad shape currently, but chances of turning around in Engineering industry vertical is easier in good times....

Every one on this board will become bulish once Suzlon cross 60+ within weeks time. Market always look at future & not present/past condition. Future is bright for Suzlon......big orders are in pipeline...so invest at current levels....happy investing ...

i agree with m2ma about the views of analysts..but the bottomline is wher is punj headed to..i dont think punj will have a good upmove until majority f shares go in the hands of promoters..max it may go up to levels of 130to 140 on the upside..downside though may not be limited ...

exactly. if you think the company is good and its going down thats the perfect moment to buy and wait. ...

ITS NEAR TARGET IS ABOVE 700 BUT I THINK SENSEX MAY BE CORRECT ANATHER 7-8% NEAR TERM THATS WHY M TELLING ENTER AT 515-25....

thanks m2ma i cant hold this share for a long time....

@m2ma: When is this SFIO report coming out?...

Face value is Rs1/ one the face value of 10 it is trading at 58 which is high price for fraud company. It will trading around Rs0.8-1. PSTL was trading around 40-50 for some time then crashed to Rs8. It will crash further from here. Hitting Rs1 can not be ruled out....

dear m2m read my previous post on punj lloyd and its comparison with its peer group stock siemens, search and u will find it. if u recall siemens was around 175 just 18 months back and is now around 715, see how the numbers 1,7 and 5 changed their places. Remember that stock market has many surprises in store 4 u in its womb. 500 is very realistic.. Punj lloyd will surprise all when it overtakes siemens in terms of price one day Amit...

when technical analysts and experts are bearish on any stock its time to purchase that stock and not sell. Their opinion is always working opposite in the short run....

So, we may see a long awaited rally tomorrom !!!!!!!...

Why u so bullish? We all know that they are under huge debt and unless bag more potential projects, it will be a bankrupt company. Of course the price is very tempting, so start buying in small quantity, but with strict stop loss at 44....

Its quite some time they are trying but unable to sort out the execution problem, so unless they prove it, market will be sceptical and this scrip will not go anywhere. If nifty corrects 5-10%, you will surely get it below 100. So start buying at cmp in small lot and be prepared to buy more at 90s. And there is rumour that promotor is trying to increase their holding at lower level, so they may like to keep the scrip low until they pick up sufficiently.
Regards,...

Shareholding pattern - PUNJ LLYOD Ltd.

Promoters 14.10%
ForeignPromoter 23.22%
GeneralPublic 20.01%
NBanksMutualFunds 12.63%
ForeignInstitutions 11.92%
OtherCompanies 9.01%
FinancialInstitutions 6.82%
ForeignNRI 1.24%
Others 0.55%
ForeignOthers 0.50%
...

saa111, you rightly pointed out that until majority of shares go in the hands of promoters, punj is not going jump. I think, promotors holding than 20% at present, so they would like to increase their holding before next big sustained rally....

debu,
Yep, its time for real investors to start buying punj, but I don`t think, it will move up before next Q result, bcoz all traders are afraid of punj at this moment due to consequtive poor results. So, no hurry, go slow and buy at every dip should be a wise choice for mid / long term investors. If nifty corrects 5-7%, you will surely get it at 90s....

rpgarga, the analysyts normally change their view overnight, they are quite shameless in this regard, so best is to act eaxactly opposite of majority expert views....