Patel Engineering is currently trading at Rs. 110.15, up by 1.40 points or 1.29% from its previous closing of Rs. 108.75 on the BSE.
The scrip opened at Rs. 107.30 and has touched a high and low of Rs. 110.65 and Rs. 105.90 respectively. So far 132321 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 198.40 on 05-Apr-2011 and a 52 week low of Rs. 73.00 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 113.75 and Rs. 100.05 respectively. The current market cap of the company is Rs. 755.53 crore.
The promoters holding in the company stood at 45.62% while Institutions and Non-Institutions held 13.04% and 41.34% respectively.
Patel Engineering, an integrated construction company has bagged two separate urban infrastructure projects amounting to Rs 377.04 crore from the Municipal Corporation of Greater Mumbai. It has bagged an Rs 195.21 crore order for rehabilitation of sewerage lines spread across different stretches across the suburban areas in Mumbai.
Further, the company has obtained Rs 181.83 crore project for the construction of tunnels from Powai to Veravali and Powai to Ghatkopar high level reservoir and from Ghatkopar high level reservoir to Ghatkopar lower level reservoir. The project also involves construction of shafts and allied works. Moreover, the company is also executing a Rs 363.05 crore road project for the Pune Municipal Corporation (PMC).
Patel Engineering provides a wide range of civil engineering services involved in design and construction of power projects, hydroelectric projects, commercial building, industrial complexes, dams, tunnels, underground structures, steel and concrete structures, bridges, marine works, flyovers and national highways in India and abroad. It has an experience of 75 dams, 30 hydro electric projects, 30 micro tunneling projects and 130 Km of tunneling, etc.
Company Name | CMP |
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