Brics PCG recommends to 'Buy' Sasken Communication Technologies at Rs 305 with a target price of Rs 438 on sum of parts valuation.Being present in the high growth telecom business and specialising in communications software, particularly for the broadband and wireless segments, Sasken's business is expected to grow steadily.The company's timely acquisitions of Botnia Hightech and iSoftTech have enabled it to augment its services and client portfolio. 'Buy' Punj LloydBrics PCG recommends to 'Buy' Punj Lloyd at Rs 781 with a target price of Rs 1,239.Punj Lloyd has been awarded another major order to be executed over next 24 months worth Rs 350 crore from Indian Oil Corporation for the latter's naphtha cracker project.With Punj Lyod's outstanding unexecuted order book position stands at Rs 12,260 crore. In a span of five months, the company has won about Rs 4000 crore worth of projects and today stands as the second largest engineering and construction company in India.
