Patel Engineering Ltd News

Patel Engineering shares up 4% on Arunachal Pradesh hydro project revival

Patel Engineering shares rose after it bagged a ₹1,700 crore restoration project from the Arunachal Pradesh Government for the development of a Hydropower Project

Patel Engineering gets ₹800 crore mining-related work order in Chhattisgarh

Patel Engineering has secured two projects worth around Rs 800 crore for mining related activities in Chhattisgarh. The company has received letter of intents from Saidax Engineers and Infrastructures. The total project value for both letter of intents combined is Rs 798.19 crore (excluding taxes), Patel Engineering said in a statement. Patel Engineering Ltd has received two Letter of Intents (LoIs) for the execution of excavation and associated works and transportation of coal at a project located at Jhiria West OCP of Hasdeo Area, Bilaspur, Chhattisgarh, for Coal India arm South Eastern Coalfields Limited (SECL). Patel Engineering Managing Director Kavita Shirvaikar said: "The new projects come in addition to a robust tender pipeline of more than Rs 34,000 crores already bid and under evaluation." The company also looks to participate in business opportunities worth Rs 18,000 crore expected to come up for bidding before the end of this financial year, she said. Patel Engineerin

Why did Patel Engineering share zoom 16% in trade today? Find out here

At 11:10 AM, Patel Engineering shares were trading 14.57 per cent higher at ₹37.99 per share. In comparison, BSE Sensex was trading 0.48 per cent higher at 86,020.77 level.

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Patel Engineering rises 5% in trade; what's driving investors' interest?

The buying on the counter came after the company's fixed date to discuss details of a ₹500 crore fund raise through a rights issue

Patel Engineering Q2 results: Profit dips 12% to ₹64.7 cr, income rises 3%

Patel Engineering on Thursday reported an 11.73 per cent fall in consolidated net profit to Rs 64.7 crore for the September quarter, and a fundraising plan of Rs 500 crore. It had clocked a net profit of Rs 73.3 crore in the July-September period of FY25, the company said in an exchange filing. The company, however, increased its income to Rs 1,271.6 crore in the second quarter, from Rs 1,230.9 crore in the year-ago period. For April-September FY26, the company saw its net profit grow by around 20 per cent to Rs 144.7 crore, from Rs 121.1 crore in the six-month period of the previous fiscal. The board has also approved a rights issue of equity shares to raise Rs 500 crore. During the second quarter, Patel Engineering received a Rs 240 crore order from state-owned NHPC for civil and hydro-mechanical works at the Teesta-V project in Sikkim, bringing the total new orders received in H1 FY26 to Rs 2,500 crore. As of September 30, the company said its order book touched Rs 15,146 ...