PUNJ LLOYD Ltd.

The Company has posted a net profit of Rs 391.60 million for the quarter ended December 31, 2007 as compared to Rs 190.30 million for the quarter ended December 31, 2006. Total Income has increased from Rs 6694.10 million for the quarter ended December 31, 2006 to Rs 12582.00 million for the quarter ended December 31, 2007.

NSE Code PUNJLLOYDEQ Date & Time 2/6/2008 3:36:49 PM Current 390.00 Open 390.00 Change -11.00 High 395.00 % Change -2.74 Low 376.00 Prev Close 401.00 52 Week high 656.00 Volume 0 52 Week Low 142.31

Research Link:

http://myiris.com/shares/research/brokResearch/bin/showRep.php?redir=/shares/research/ESSBL/PUNLLOY1_20080204.pdf&linkfrm=pdf&brokercode=ESSBL&code=PUNJ LLOYD

Core Projects and Technologies

Core Projects and Technologies is a India based IT solutions provider company. With the appreciating rupee, the Technology sector has not done very well in the last year.In its last quarterly results, it posted a 118 percent increase in profits and its value increased from about 200 to about 450 in the space of a couple of months. With the stock markets crashing around the world the value of this stock has pulled back to the level of 220-230. This is an attractive level to enter this stock. With the AV Birla group picking up a five percent stake in this company, the stock looks in great shape for the future.

link to the birla group story
http://www.indiainfoline.com/news/innernews.asp?storyId=57196&lmn=1
another block deal that was carried out in Jan
http://www.myiris.com/newsCentre/storyShownew.php?fileR=20080118194410121&secID=fromnewsroom&secTitle=From%20the%20News%20Room&dir=2008/01/18