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Patel Engineering Share Price Falls 2.93% on February 14, 2025

Written by: Dev SethiaUpdated on: Feb 14, 2025, 12:10 PM IST
Patel Engineering's share price dropped 2.93% to ₹46.35 on Feb 14, 2025, with a P/E ratio of 13.36x and a P/B ratio of 1.07, based on its EPS of ₹3.47.
Patel Engineering Share Price Falls 2.93% on February 14, 2025
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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.

Shareholding Details

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 Q3 FY25 Results

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.

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

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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