Punj Lloyd has bagged an order for laying and construction of steel pipeline along with associated facilities for Dharma-Angul section of Jagdishpur-Haldia-Bokaro-Dhamra Pipleline Project (JHBDPL) PH-II worth Rs 2.76 billion from GAIL.

The company has also received an order for up-gradation of Yargi-Kalewa Road section in Myanmar of two lane with Earth shoulders on EPC mode worth Rs 11.77 billion, in joint venture with Varaha Infra from National Highway Authority of India (NHAI).

Shares of the company gained Rs 1.9, or 9.25%, to trade at Rs 22.45. The total volume of shares traded was 1,170,226 at the BSE (10.03 a.m., Wednesday).