Patel Engineering is currently trading at Rs. 64.95, up by 5.05 points or 8.43% from its previous closing of Rs. 59.90 on the BSE.
The scrip opened at Rs. 64.00 and has touched a high and low of Rs. 66.00 and Rs. 63.60 respectively. So far 3,76,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 72.40 on 07-Feb-2013 and a 52 week low of Rs. 27.00 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 65.65 and Rs. 46.80 respectively. The current market cap of the company is Rs. 453.00 crore.
The promoters holding in the company stood at 45.69% while Institutions and Non-Institutions held 6.70% and 47.61% respectively.
Patel Engineering has bagged new construction projects amounting to Rs 1,110 crore. The new projects bagged by the company include the Rs 473.31 crore EPC contract and allied construction work for the 37.5 MW (3x12.5 MW) Parnai Hydro Electric Project of Jammu & Kashmir State Power Development Corporation (JKSPDC). The company has also bagged a construction work order worth Rs 66.64 crore from the Metro Link Express for Gandhinagar & Ahmedabad (MEGA) Company for construction of retaining wall along the Sabarmati River bed.
Other projects bagged by the company include a Rs 307.00 crore irrigation project for Rapti Nahar Nirman Mandal-I, Irrigation Department, Balrampur, Uttar Pradesh. This project will be executed in joint venture with APCO.
Further, the company has bagged a Rs 151.31 crore project for the construction of College Administrative Building for Indra Gandhi Institute of Medical Science in Patna. This project will be executed in joint venture with CICO. The company has also bagged a Rs 111.15 crore project in Bhilwara to construct offices for the Collectrate and Zilla Parishad.
The scrip opened at Rs. 64.00 and has touched a high and low of Rs. 66.00 and Rs. 63.60 respectively. So far 3,76,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 72.40 on 07-Feb-2013 and a 52 week low of Rs. 27.00 on 06-Aug-2013.
Last one week high and low of the scrip stood at Rs. 65.65 and Rs. 46.80 respectively. The current market cap of the company is Rs. 453.00 crore.
The promoters holding in the company stood at 45.69% while Institutions and Non-Institutions held 6.70% and 47.61% respectively.
Patel Engineering has bagged new construction projects amounting to Rs 1,110 crore. The new projects bagged by the company include the Rs 473.31 crore EPC contract and allied construction work for the 37.5 MW (3x12.5 MW) Parnai Hydro Electric Project of Jammu & Kashmir State Power Development Corporation (JKSPDC). The company has also bagged a construction work order worth Rs 66.64 crore from the Metro Link Express for Gandhinagar & Ahmedabad (MEGA) Company for construction of retaining wall along the Sabarmati River bed.
Other projects bagged by the company include a Rs 307.00 crore irrigation project for Rapti Nahar Nirman Mandal-I, Irrigation Department, Balrampur, Uttar Pradesh. This project will be executed in joint venture with APCO.
Further, the company has bagged a Rs 151.31 crore project for the construction of College Administrative Building for Indra Gandhi Institute of Medical Science in Patna. This project will be executed in joint venture with CICO. The company has also bagged a Rs 111.15 crore project in Bhilwara to construct offices for the Collectrate and Zilla Parishad.
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