Patel Engineering has informed that there is no information/announcement which, in its opinion, may have a bearing on the Price Movement of Company’s scrip. The Company operations has improved significantly in past few quarters as per Results declared to Exchanges. The Company has in the recent past provided various press releases on the Projects awarded to the Company on account of various infrastructure projects coming up in the Country, the intimation of which was given to the Exchange prior to any release. The volatility in volume of Company’s share in the recent past is completely market driven. Further, Company has been disclosing all the information/events which have a bearing on the operations/performance of the Company to the Stock Exchanges on regular basis as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
