Patel Engineering is currently trading at Rs. 11.36, up by 0.36 points or 3.27% from its previous closing of Rs. 11.00 on the BSE.
The scrip opened at Rs. 11.27 and has touched a high and low of Rs. 12.86 and Rs. 11.14 respectively. So far 363772 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 21.90 on 29-Jan-2020 and a 52 week low of Rs. 8.10 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 12.86 and Rs. 10.24 respectively. The current market cap of the company is Rs. 494.95 crore.
The promoters holding in the company stood at 60.87%, while Institutions and Non-Institutions held 20.21% and 18.92% respectively.
Patel Engineering has bagged order of Rs 1564.42 crore for Subansiri Lower Hydro Electric Project (2,000 MW), Arunachal Pradesh. Subansiri Lower HEP is having installed capacity of 2000 MW which will be a single largest hydro power generation project in India.
The company has been able to get this project and even mobilize the same during this Covid-19 Pandemic. The project is located at Village Kolaptukar in Kamle (formerly Lower Subansiri) district of Arunachal Pradesh.
Patel Engineering provides a wide range of civil engineering services involved in design and construction of power projeccts, hydroeletric projects, commercial building, industrial complexes, dams, tunnels, underground structures, steel and concrete structures, bridges, marine works, flyovers and national highways in India and abroad.
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