Patel Engineering
Patel Engineering Performance
Day Range
- Low 52.05
- High 55.20
52 Week Range
- Low 13.15
- High 62.00
- Open Price53.90
- Previous Close53.10
- Volume7412195
Start SIP in Patel Engineering
Start SIPPatel Engineering Investment Rating
-
Master Rating:
-
Patel Engineering (Nse) has an operating revenue of Rs. 4,474.94 Cr. on a trailing 12-month basis. An annual revenue growth of 24% is outstanding, Pre-tax margin of 6% is okay, ROE of 6% is fair but needs improvement. The company has a reasonable debt to equity of 19%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 43% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 16% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 30 which is a POOR score indicating inconsistency in earnings, a RS Rating of 91 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 47 indicates it belongs to a fair industry group of Bldg-Heavy Construction and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,012 | 1,091 | 1,192 | 929 | 814 | 881 | 1,041 |
Operating Expenses Qtr Cr | 877 | 938 | 1,016 | 799 | 704 | 758 | 885 |
Operating Profit Qtr Cr | 136 | 152 | 176 | 131 | 111 | 123 | 156 |
Depreciation Qtr Cr | 23 | 22 | 21 | 21 | 20 | 19 | 17 |
Interest Qtr Cr | 90 | 87 | 101 | 103 | 101 | 96 | 99 |
Tax Qtr Cr | 10 | 28 | 2 | 11 | 11 | 17 | 17 |
Net Profit Qtr Cr | 41 | 132 | 84 | 22 | 16 | 33 | 34 |
Patel Engineering Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹50.02
- 50 Day
- ₹49.56
- 100 Day
- ₹46.79
- 200 Day
- ₹40.25
- 20 Day
- ₹49.51
- 50 Day
- ₹49.62
- 100 Day
- ₹50.24
- 200 Day
- ₹36.13
Patel Engineering Resistance and Support
Resistance | |
---|---|
First Resistance | 54.27 |
Second Resistance | 55.43 |
Third Resistance | 56.82 |
RSI | 60.68 |
MFI | 61.17 |
MACD Single Line | 0.32 |
MACD | 0.59 |
Support | |
---|---|
First Resistance | 51.72 |
Second Resistance | 50.33 |
Third Resistance | 49.17 |
Patel Engineering Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 17,742,351 | 891,730,561 | 50.26 |
Week | 5,781,032 | 347,439,999 | 60.1 |
1 Month | 4,340,540 | 273,193,570 | 62.94 |
6 Month | 5,991,342 | 437,487,796 | 73.02 |
Patel Engineering Result Highlights
Patel Engineering Synopsis
NSE-Bldg-Heavy Construction
Patel Engg. Ltd. is involved in the business activities of Construction and maintenance of water main and line connection, water reservoirs including irrigation system (canal). Company’s Total Operating Revenue is Rs. 3817.13 Cr. and Equity Capital is Rs. 77.36 Cr. for the Year ended 31/03/2023. Patel Engineering Ltd. is a Public Limited Listed company incorporated on 02/04/1949 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1949PLC007039 and registration number is 007039.Market Cap | 3,977 |
Sales | 4,224 |
Shares in Float | 47.19 |
No of funds | 66 |
Yield |
Book Value | 1.44 |
U/D Vol ratio | 1 |
LTDebt / Equity | 14 |
Alpha | 0.41 |
Beta | 2.04 |
Patel Engineering
Owner Name | Sep-23 | Jun-23 | Mar-23 | Feb-23 |
---|---|---|---|---|
Promoters | 39.41% | 39.41% | 39.41% | 39.12% |
Insurance Companies | 0.33% | 0.33% | 0.33% | 0.5% |
Foreign Portfolio Investors | 2.36% | 2.38% | 2.1% | 2.92% |
Financial Institutions/ Banks | 5.89% | 8.87% | 8.87% | 13.3% |
Individual Investors | 39.12% | 35.19% | 32.29% | 30.77% |
Others | 12.89% | 13.82% | 17% | 13.39% |
Patel Engineering Management
Name | Designation |
---|---|
Mr. Rupen Patel | Chairman & Managing Director |
Ms. Kavita Shirvaikar | WholeTime Director & CFO |
Ms. Sunil Sapre | Whole Time Director |
Mr. K Ramasubramanian | Independent Director |
Ms. Geetha Sitaraman | Independent Director |
Dr. Barendra Kumar Bhoi | Independent Director |
Patel Engineering Forecast
Price Estimates
Patel Engineering Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-03 | Quarterly Results | |
2023-08-10 | Quarterly Results | |
2023-05-15 | Audited Results | |
2023-02-08 | Quarterly Results | |
2023-01-31 | Others | Inter alia, to consider and determine the terms and conditions of the rights issue. (Revised) issue of equity shares of Re. 1/- each in the ratio of 1:2 @ premium of Rs. 11.60/-. |
Patel Engineering FAQs
What is Share Price of Patel Engineering ?
Patel Engineering share price is ₹54 As on 06 December, 2023 | 16:22
What is the Market Cap of Patel Engineering ?
The Market Cap of Patel Engineering is ₹4185.3 Cr As on 06 December, 2023 | 16:22
What is the P/E ratio of Patel Engineering ?
The P/E ratio of Patel Engineering is 21.2 As on 06 December, 2023 | 16:22
What is the PB ratio of Patel Engineering ?
The PB ratio of Patel Engineering is 1.4 As on 06 December, 2023 | 16:22