Patel Engineering Ltd is a leading infrastructure and construction company in India, established in 1949. The company specializes in executing large-scale projects in sectors like hydropower, irrigation, transportation, and urban infrastructure. Patel Engineering Share Price on NSE as of 23 November 2024 is 51.78Ìý±õ±·¸é. Here are more details on Patel Engineering Share Price Target 2024, 2025, 2026 to 2030.
Patel Engineering Ltd: Market Overview
- Open Price: ₹50.61
- High Price: ₹52.40
- Low Price: ₹50.61
- Previous Close: ₹52.03
- Volume: 3,204,520
- Value (Lacs): ₹1,656.42
- VWAP: ₹51.72
- UC Limit: ₹62.43
- LC Limit: ₹41.62
- P/E ratio: 14.79
- Div yield: N/A
- 52-wk high: ₹77.50
- 52-wk low: ₹46.25
- Mkt cap: ₹4.18°°ä°ù
- Face Value: ₹1
Patel Engineering Share Price Chart
Patel Engineering Share Price Target Tomorrow 2024 To 2030
Patel Engineering Share Price Target Years | Share Price Target |
2024 | ₹80 |
2025 | ₹100 |
2026 | ₹120 |
2027 | ₹140 |
2028 | ₹160 |
2029 | ₹180 |
2030 | ₹200 |
Patel Engineering Share Price Target 2024
Patel Engineering share price target 2024 Expected target could be ₹80. Here are three key factors that could influence Patel Engineering Ltd’s share price target in 2024:
- Government Infrastructure Push: Increased government spending on infrastructure projects like dams, roads, and urban development can drive higher-order inflows for Patel Engineering, boosting its revenue and profitability.
- Timely Project Execution: Successful and timely completion of ongoing projects can enhance the company’s reputation and operational efficiency, leading to better financial performance and investor confidence.
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Expanding Order Book: Securing new contracts in diverse sectors such as hydropower, irrigation, and transportation will strengthen the company’s project pipeline, ensuring sustained growth in revenue and profitability.
Patel Engineering Share Price Target 2025
Patel Engineering share price target 2025 Expected target could be ₹100. Here are three key factors that could influence Patel Engineering Ltd’s share price target in 2025:
- Focus on Renewable Energy Projects: With a growing emphasis on clean energy, Patel Engineering’s expertise in hydropower projects positions it to benefit from increasing investments in renewable energy infrastructure.
- Geographical Expansion: Expanding operations to new regions, both domestically and internationally, can open up additional revenue streams and diversify the company’s project portfolio, driving growth.
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Strengthened Financial Position: Effective management of debt and improved cash flow from timely project completions can enhance the company’s financial stability, making it more attractive to investors and boosting its share value.
Patel Engineering Share Price Target 2030
Patel Engineering share price target 2030 Expected target could be ₹200. Here are three potential risks and challenges that could impact Patel Engineering Ltd’s share price target in 2030:
- Economic Slowdown: Any slowdown in infrastructure spending or delays in government-backed projects could significantly affect the company’s order inflow and revenue, impacting long-term growth.
- Rising Input Costs: Increasing costs of raw materials like steel and cement, coupled with labor and fuel expenses, could pressure profit margins, especially in fixed-cost contracts.
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Intense Competition: Growing competition from other infrastructure companies and new entrants could limit Patel Engineering’s ability to secure high-margin projects, potentially affecting its market share and profitability.
Shareholding Pattern For Patel Engineering Ltd
- Promoters: 36.11%
- Retail and Others: 56.36%
- DII: 4%
- FII: 3.09%
- Mutual Funds: 0.45%
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Patel Engineering Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 45.44B | 16.78% |
Operating expense | 6.59B | 17.39% |
Net income | 2.90B | 58.18% |
Net profit margin | 6.39 | 35.38% |
Earnings per share | — | — |
EBITDA | 6.85B | 23.42% |
Effective tax rate | 25.51% | — |
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