Hi experts,
What do you make of the IPO of Punj Lloyd issue?
From a valuations perspective , it seems a bit stretched compared to its peers like L&T, HCC but they have very long relationship with clients in India and overseas. The added advantage I got to know was Rakesh Jhunjunwala has a stake in the company.
Please advise.
Thanks,
Kool
What do you make of the IPO of Punj Lloyd issue?
From a valuations perspective , it seems a bit stretched compared to its peers like L&T, HCC but they have very long relationship with clients in India and overseas. The added advantage I got to know was Rakesh Jhunjunwala has a stake in the company.
Please advise.
Thanks,
Kool