Punj Lloyd touched an intraday high of Rs 248.50 and an intraday low of Rs 243.40. At 11:49 am, the share was quoting at Rs 246.55, up Rs 5.25, or 2.18%.

The company has bagged order worth Rs 167 crore from GAIL.

It was trading with volumes of 2,111,813 shares. On Friday the share closed up 3.08% or Rs 7.20 at Rs 241.30.