Hot Pursuit     08-Aug-18
Patel Engineering spurts after bagging orders
Patel Engineering rose 13.71% to Rs 49.75 at 9:51 IST on BSE after the company announced that it bagged two hydro projects worth Rs 1793.50 crore and a tunnel project worth Rs 618.21 crore.
The announcement was made after market hours yesterday, 7 August 2018.

Meanwhile, the S&P BSE Sensex was up 25.34 points, or 0.07% to 37,691.14.

On the BSE, 1.36 lakh shares were traded in the counter so far compared with average daily volumes of 40,000 shares in the past two weeks. The stock had hit a high of Rs 51.35 and a low of Rs 48.90 so far during the day. The stock hit a 52-week high of Rs 96.05 on 28 November 2017. The stock hit a 52-week low of Rs 36.10 on 23 July 2018.

Net profit of Patel Engineering rose 218.46% to Rs 82.99 crore on 47.69% decline in net sales to Rs 468.91 crore in Q4 March 2018 over Q4 March 2017.

Patel Engineering is an integrated infrastructure and construction services conglomerates in India.

Previous News
  Patel Engg gains as JV bags LoA for Rs 525-cr
 ( Hot Pursuit - 04-Mar-24   11:05 )
  Patel Engineering allots 25.78 cr rights equity share
 ( Corporate News - 04-Mar-23   10:57 )
  Patel Engineering JV receives LoA of Rs 525.36 cr from Govt. of Telangana
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  Patel Engg spurts after JV bags 2 projects
 ( Hot Pursuit - 04-May-23   11:39 )
  Patel Engineering consortium bags two irrigation projects from Govt. of Madhya Pradesh
 ( Corporate News - 04-May-23   10:18 )
  Board of Patel Engineering approves raising Rs 500 cr via QIP
 ( Corporate News - 12-Feb-24   13:49 )
  Patel Engineering JV bags irrigation project in Madhya Pradesh
 ( Corporate News - 03-Mar-23   15:21 )
  Patel Engineering consolidated net profit rises 877.14% in the September 2019 quarter
 ( Results - Announcements 18-Nov-19   14:28 )
  Patel Engineering reports standalone net loss of Rs 51.20 crore in the September 2020 quarter
 ( Results - Announcements 14-Nov-20   14:39 )
  Patel Engg JV bags LoA for Rs 525-cr order
 ( Hot Pursuit - 02-Mar-24   15:43 )
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