Patel Engineering Ltd

Patel Engineering has reported its financial results for the quarter ending December 2024, showing significant growth in Profit After Tax at Rs 124.35 crore, an 85.2% increase from previous averages. The company's debt-equity ratio has improved to 0.40 times, although concerns arise from high non-operating income and a declining debtors turnover ratio.

Patel Engineering, a small-cap company in the capital goods sector, has hit a new 52-week low, reflecting significant volatility and a 9.39% decline over four days. The stock has underperformed its sector and is trading below all major moving averages, indicating ongoing challenges in a competitive market.

Patel Engineering has faced significant volatility, reaching a new 52-week low and underperforming its sector. The stock has declined consecutively over three days, with a notable drop today. It is trading below its moving averages, reflecting a challenging year compared to the broader market's performance.

Patel Engineering has faced significant volatility, reaching a new 52-week low and underperforming its sector. The stock has declined consecutively over three days, with a notable drop today. It is trading below its moving averages, reflecting a challenging year compared to the broader market's performance.

Patel Engineering has faced significant volatility, reaching a new 52-week low and underperforming its sector. The stock has declined consecutively over three days, with a notable drop today. It is trading below its moving averages, reflecting a challenging year compared to the broader market's performance.

Patel Engineering has faced significant volatility, reaching a new 52-week low and underperforming its sector. The stock has declined consecutively over three days, with a notable drop today. It is trading below its moving averages, reflecting a challenging year compared to the broader market's performance.

Patel Engineering, a small-cap company in the capital goods sector, has hit a new 52-week low amid significant volatility. The stock has seen consecutive losses over the past six days and is underperforming compared to its sector, reflecting broader challenges within the market.

Patel Engineering, a smallcap company in the capital goods industry, has reported strong financial results for the quarter ending September 2024. The company's score has improved from 6 to 9, with a 50.2% increase in Profit After Tax. However, concerns over high non-operating income and slow debt settlement should be monitored by investors.

On September 13th, 2024, Patel Engineering, a midcap company in the capital goods industry, saw a 6.15% increase in stock, outperforming the sector by 5.05%. This follows two days of falling prices, suggesting a potential trend reversal. Moving averages are higher than shorter-term averages, and the stock has shown a 13.53% increase in the past month, outperforming the Sensex's 5.02% growth. While currently rated 'Sell' by MarketsMOJO, Patel Engineering's positive performance and potential in the capital goods industry make it worth monitoring for potential investment opportunities.

MarketsMOJO has downgraded its stock call on Patel Engineering to 'Sell' due to weak long-term fundamentals, poor growth in operating profit, and a high debt to EBITDA ratio. The stock is currently in a mildly bearish range and has underperformed the market. Investors should be cautious before investing in the company.

On August 16th, 2024, Patel Engineering, a smallcap company in the capital goods industry, saw a positive performance with an 8.06% gain, outperforming the sector by 6.1%. This follows two days of falling stock prices, suggesting a potential trend reversal. However, the stock's moving averages are currently lower than longer-term averages.

Patel Engineering, a smallcap company in the capital goods industry, has reported a positive financial performance in the quarter ending March 2024. The company's Profit After Tax has grown by 23% year on year, while its Inventory Turnover Ratio and Cash and Cash Equivalents have also shown improvement. With a low Debt-Equity Ratio, the company's financial stability looks promising.

On August 5th, 2024, Patel Engineering's stock price declined by -2.95%, underperforming the capital goods sector by -4.12%. The stock has seen a consecutive fall for the last 4 days, with a total decline of -12.18%. It is currently trading below its moving averages and has seen a decline of -23.48% in the past month.

On July 8th, 2024, Patel Engineering's stock price saw a decline of -9.6%, breaking its five-day positive streak. Despite this, the stock's performance in the past month has been 5.44%, higher than the Sensex's 4.28%. MarketsMOJO has given a 'Hold' call for the stock, indicating potential for a trend reversal.

On June 18th, 2024, Patel Engineering, a midcap company in the capital goods industry, saw a 6.45% increase in its stock, outperforming the sector by 4.91%. The stock has shown consecutive gains for the last two days and is currently trading higher than its moving averages. It has also outperformed the Sensex in both 1 day and 1 month performance.

Patel Engineering, a midcap company in the capital goods industry, has seen a 6.34% increase in its stock on June 12, 2024, outperforming the sector by 4.74%. This marks the sixth consecutive day of gains, with a total increase of 22.83%. The stock is currently trading higher than its moving averages, and according to MarketsMOJO, the stock call is 'Hold'. Patel Engineering has also outperformed the Sensex in the last 1 day and 1 month, showcasing its strong growth potential in the market.

On June 11, 2024, Patel Engineering, a midcap company in the capital goods industry, saw a 5.23% increase in its stock, in line with the sector's 2% gain. According to MarketsMOJO, the current call for Patel Engineering's stock is 'Hold', based on its outperformance of the sector by 4.59%. The stock has been on a consecutive gain streak for 5 days, with a total return of 17.63%. It also reached an intraday high of Rs 64.8, showing a high volatility of 5.16%. Patel Engineering's stock is currently trading higher than its moving averages, indicating a positive trend. In comparison to the Sensex, the stock has outperformed with a 1-day performance of 4.98% and a strong performance of 13.30% in the past month. Overall, Patel Engineering's stock has shown a positive trend and is performing well in the capital goods industry.

On May 21, 2024, Patel Engineering, a midcap company in the capital goods industry, saw a 7.95% increase in its stock price, closing at Rs. 64.85. It outperformed the sector by 8.09% and has been on a consecutive gain for the last 4 days. It also opened with a gap up of 12.14% and is currently trading higher than its moving averages, indicating a positive trend. In comparison to the Sensex, Patel Engineering's performance has been strong, making it a company to watch in the stock market.