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Patel Engineering Limited
Share Price Target & Analysis

NSE:PATELENG

55.96

VWAP

55.70

Open

55.4

Close

56.65

High

55.25

Low

79.00

52 Week High

56.25 ⇧
0.85 (1.53%)

PATELENG

(CONSTRUCTION)
65.1% Momentum

Sideways to Positive

13.80

52 Week Low

3.55

EPS

40.61

PE

1.66

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: PATELENG Share Price Financial Analysis & Valuation

Patel Engineering Limited (PATELENG) is broadly categorized in CONSTRUCTION segment industry which deals in Construction & Contracting - Civil vertical. It is one of Small Cap company with Market Capitalization of Rs 1277.2 (in Cr). Total number of free float shares are 15.7 (in Lacs). Patel Engineering Limited is listed on NSE with Exchange ID - INE244B01030 and trading code is NSE:PATELENG with short name Patel Eng.

In the past 1 year, Patel Engineering Limited has declared an equity dividend of Rs 0 per share. At the current share price of PATELENG at Rs 56.25, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:PATELENG, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine PATELENG underlying value and future prospects. All of this data is available in PATELENG financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:PATELENG, it is clearly understood that PATELENG is Standard performer in terms of earnings and profit margins with an EPS of 3.55. NSE:PATELENG book value per share as of today is 33.93. The current price to book ratio for PATELENG as of May 15, 2024 is 1.66.

Valuation of the Stock: The current valuation of PATELENG stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of PATELENG whether to BUY this stock at current valuation. The delivery percentage of PATELENG is 59.48% is very crucial parameter which shows that 59.48% investors are anticipating that the price of PATELENG share should go up with VWAP at 55.96.

Now, the main question is whether to BUY or SELL, NSE:PATELENG at current valuation.
As per latest Analysis No. #2483:-

⇑ STRONG BUY PATELENG if All Greens

⇗ BUY PATELENG (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD PATELENG (With Stop Loss) if only 1 Green

⇘ SELL PATELENG if NO Green Indicator

NSE: PATELENG Share Price Today (May 15, 2024)

(Patel Engineering Limited Daily Analysis on the basis of PATELENG Intraday Graph & Trend)

Patel Engineering Limited share price moved Up by 1.53% from its previous close of Rs 55.4. PATELENG stock last traded price is 56.25. PATELENG share price trend is Up with a total of 3316796 stocks traded till now. It has touched an intraday high of Rs 56.65 and an intraday low of Rs 55.25. The PATELENG trading at 56.25, Up by Rs. 0.85, or 1.53 percent which suggests that most of the Traders are anticipating that the price of PATELENG share should go Up.

NSE: PATELENG Share Price Tomorrow Prediction

(Patel Engineering Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of PATELENG)

Patel Engineering Limited share price moved Up by 1.53%. PATELENG share price short term trend is Up. It suggests that PATELENG Share Price for Tomorrow remains the same with VWAP at 55.96 will be treated as stop loss for intraday traders. Patel Engineering Limited Long term investors can follow the PATELENG long term trend as mentiond in future forecast table.

NSE Code

NSE: PATELENG

PATELENG Share Price Today

 56.25

PATELENG Share Price Target Prediction for 2024 ^

 44.8 - 79.4

PATELENG Share Price Target Prediction for 2025*^

 79.4 - 84.6

PATELENG Share Price Target Prediction for 2026*^

 84.6 - 90.5

PATELENG Share Price Target Prediction for 2027*^

 95

PATELENG Share Price Target Prediction for 2028*^

 98

PATELENG Share Price Target Prediction for 2030*^

 107
PATELENG Current Book Value 2023
33.8

*Patel Engineering Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^PATELENG share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

PATELENG Technical Analysis

Candlestick Pattern: @63.4

PATELENG Moving Averages

BUY (11) NEUTRAL (0) SELL (3)
MA Simple Action S1 Expo Action E2
MA_5 64.22 SELL 63.64 SELL
MA_12 61.5 BUY 62.3 BUY
MA_20 61.43 BUY 61.8 BUY
MA_32 59.7 BUY 61.78 BUY
MA_50 62.9 BUY 61.93 BUY
MA_100 63.56 SELL 61.08 BUY
MA_200 56.58 BUY 54.62 BUY

PATELENG Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 61.43 Uptrend
MACD 0.65 BUY
ADX 15.92 NO or Weak Trend
DMI (+/-) 25.83 / 18.72 Uptrend

PATELENG Momentum Oscillators

BUY (4) NEUTRAL (7) SELL (1)
Momentum Oscillators Value Action
RSI 55.15 Neutral
STOCHASTIC_K (Fast) 37.31 Neutral
STOCHASTIC_D (Slow) 68.76 Neutral
CCI 77.41 Neutral
PSAR 58.31 BUY
TRUE RANGE 2.55 BUY
ATR 2.83 BUY
WILLIAMS R -29.63 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 55.14 Neutral
MOMENTUM 7.25 BUY

PATELENG Last 1 Year Trend

Duration Value
1 Year 219.4%
3 Months 1.2%
1 Month 12.91%
1 Week 0.88%

PATELENG Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 60%
NEUTRAL / HOLD 27%
SELL 13%

Most popular Questions & Answers about PATELENG


Patel Engineering Limited stock last traded price is 56.25. PATELENG share price moved Up by 1.53% from its previous close of Rs 55.4.

Patel Engineering Limited share price trend is Up with a total of 3316796 stocks traded till now. It has touched an intraday high of Rs 79.79 and an intraday low of Rs 55.25. The PATELENG trading at 56.25, Up by Rs. 0.85, or 1.53 percent which suggests that most of the Traders are anticipating that the price of PATELENG share should go Up and the Stop Loss will be around 55.96.

The market cap of Patel Engineering Limited is ₹1277.2 (in Cr) as of May 14, 2024.

The current price to earning ratio for Patel Engineering Limited as of May 14, 2024 is 40.61.

The current price to book ratio for Patel Engineering Limited as of May 14, 2024 is 1.66.

The highest price of Patel Engineering Limited stock is ₹79.00 in the last 52-week.

The lowest price of Patel Engineering Limited stock is ₹13.80 in the last 52-week.

Patel Engineering Limited share trading at ₹56.25, Up by Rs. 0.85, or 1.53 percent which suggests that most of the traders are anticipating that the price of PATELENG share should go Up.

In 2023, Stock price target for Patel Engineering Limited (PATELENG) are ₹44.8 on downside and ₹79.4 on upside. Patel Engineering Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Patel Engineering Limited (PATELENG) are ₹79.4 on downside and ₹84.6 on upside. Patel Engineering Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Patel Engineering Limited (PATELENG) are ₹84.6 on downside and ₹90.5 on upside. Patel Engineering Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Patel Engineering Limited (PATELENG) will be around ₹98 Patel Engineering Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of PATELENG.

As per the fundamental analysis of Patel Engineering Limited (PATELENG), it is of Standard quality in terms of earnings and profit margins with an EPS of 3.55. Patel Engineering Limited book value per share as of today is 33.93. The current price to book ratio for PATELENG as of May 15, 2024 is 1.66.


NSE:PATELENG News & Other Useful Information about PATELENG Share Price


Peer Comparison of NSE: PATELENG

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Construction & Contracting - Civil

Company Price EPS BV
KNRCON 254.50 15.09 97.22
RESPONIND 279.10 0.94 25.71
DBL 437.55 28.86 343.68
NCC 253.20 9.9 100.69
MANINFRA 204.55 4.26 30.6
MAHLIFE 605.30 0 104.05
ASHOKA 172.20 21.7 120.04
AHLUCONT 1146.70 37.01 183.59
HCC 35.60 1.23 6.88
JMCPROJECT 118.85 1.9 52.41
Updated at: 14 May 2024 15:52

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