SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Patel Engineering shines on bagging order of Rs 976.50 crore

02 Aug 2021 Evaluate

Patel Engineering is currently trading at Rs. 16.06, up by 1.06 points or 7.07% from its previous closing of Rs. 15.00 on the BSE.

The scrip opened at Rs. 15.10 and has touched a high and low of Rs. 16.50 and Rs. 15.10 respectively. So far 2874162 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 23.30 on 22-Jun-2021 and a 52 week low of Rs. 9.21 on 30-Oct-2020.

Last one week high and low of the scrip stood at Rs. 17.75 and Rs. 14.95 respectively. The current market cap of the company is Rs. 772.52 crore.

The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 19.44% and 24.33% respectively.

Patel Engineering has bagged a Rs 976.50 crore, Luhri Hydro Electric Project Stage I (210 MW) (Luhri Project) from Sutlej Jal Vidyut Nigam, a joint venture between the Government of India and Himachal Pradesh State Government.

The order has been bagged by Luhri Hydro Power Consortium (LHPC), a consortium of Patel Engineering (the Company) and HES Infra (HES). The project is located at Shimla and Kullu District in Himachal Pradesh, India. The Consortium has been able to get this project during Covid-19 Pandemic. The company is the lead member of the LHPC having 60% shares and 40% by HES.

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.

Patel Engineering Share Price

28.47 0.10 (0.35%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4054.00
Rail Vikas Nigam 307.25
NCC 165.10
KEC International 580.10
Kalpataru Projects 1263.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×