On February 14, 2025, Patel Engineering share price traded 2.93% lower at ₹46.35 at 11:58 AM (IST). Patel Engineering’s share price reached a 52-week high of ₹74.99 on February 27, 2024, and a 52-week low of ₹42.51 on February 12, 2025. As per BSE, the total traded volume for the stock stood at 2.49 lakh shares with a turnover of ₹1.16 crore.
At the current price, Patel Engineering shares are trading at a price-to-earnings (P/E) ratio of 13.36x, based on its trailing 12-month earnings per share (EPS) of ₹3.47, and a price-to-book (P/B) ratio of 1.07, according to exchange data.
As of December 31, 2024, Patel Engineering promoters held 36.11% of the shares, Foreign Institutional Investors (FIIs) owned 4.47%, and Domestic Institutional Investors (DIIs) held 4.51%.
Patel Engineering Ltd reported an increase in consolidated net profit, reaching ₹80.24 crore for the quarter ending December 2024, up from ₹70.24 crore in the same period last year. The growth was supported by higher income, with total revenue rising to ₹1,265 crore from ₹1,076 crore in the previous year.
Expenses also saw an increase, standing at ₹1,125 crore compared to ₹1,030.94 crore in the third quarter of the previous fiscal year. Looking ahead, the company expressed optimism about enhancing operational capabilities, expanding its project portfolio, and driving innovation within the industry.
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Published on: Feb 14, 2025, 12:10 PM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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