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Wednesday, December 14, 2016

Patel Engineering Share Price Dipped Almost 6%


Patel EngineeringPatel Engineering share price dipped by almost 6 per cent intraday in the morning trading session to make an intraday low of Rs 77.05. The share price opened at Rs 83.00 from a previous closing of Rs 85.30.
Patel Engineering Limited founded in the year 1949, is one of the major Infrastructure as well as Construction services companies in India. The company has a breadth of experience encompassing all sectors of the Infrastructure industry from dams, tunnels, micro-runnels, hydroelectric projects, irrigation projects, highways, roads, bridges, railways, refineries to real estates as well as townships.
Patel Engineering is one of the top 500 Shares identified by Dynamic research team at the end of every quarter out of more than 1700 Shares of NSE. The Company has strong fundamentals. By strong Fundamentals we mean Patel Engineering has not made any losses in last 2 quarters, debt equity is less than 2 (not applicable for NBFC and banks) and pledge is less than 25 per cent. These top 500 stocks are safe for investment.

Patel Engineering Quarterly Results- Standalone Income Statement (in Cr.)


Patel Engineering share price is currently trading at Rs 81.85 apiece, down by 4.04 per cent at 12.36 PM. A total amount of 17,10,555 shares of the company have been traded on NSE today aggregating to a total value of Rs 1,372.89 lacs.
Visit Patel Engineering share price history for the historical share price performance of Patel Engineering.

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