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Patel Engineering Limited
Share Price Target & Analysis

NSE:PATELENG

51.72

VWAP

50.61

Open

52.03

Close

52.4

High

50.61

Low

79

52 Week High

51.69 ⇩
-0.34 (-0.65%)

PATELENG

(CONSTRUCTION)
16.6% Momentum

Turnaround Potential

46.25

52 Week Low

3.1

EPS

39.13

PE

1.38

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 51.69, 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 3.1. NSE:PATELENG book value per share as of today is 37.34. The current price to book ratio for PATELENG as of Nov 23, 2024 is 1.38.

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 32.05% is very crucial parameter which shows that 32.05% investors are anticipating that the price of PATELENG share should go up with VWAP at 51.72.

Now, the main question is whether to BUY or SELL, NSE:PATELENG at current valuation.
As per latest Analysis No. #2964:-

⇑ 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 (Nov 23, 2024)

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

Patel Engineering Limited share price moved Down by -0.65% from its previous close of Rs 52.03. PATELENG stock last traded price is 51.69. PATELENG share price trend is Down with a total of 3204430 stocks traded till now. It has touched an intraday high of Rs 52.4 and an intraday low of Rs 50.61. The PATELENG trading at 51.69, Down by Rs. -0.34, or -0.65 percent which suggests that most of the Traders are anticipating that the price of PATELENG share should go Down.

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 Down by -0.65%. PATELENG share price short term trend is Down. It suggests that PATELENG Share Price for Tomorrow remains the same with VWAP at 51.72 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

 51.69

PATELENG Share Price Target Prediction for 2024 ^

 48.5 - 66.5

PATELENG Share Price Target Prediction for 2025*^

 66.5 - 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
37.2

*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: @51.12

PATELENG Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 50.37 BUY 50.54 BUY
MA_12 50.83 BUY 50.89 BUY
MA_20 50.83 BUY 51.42 SELL
MA_32 52.72 SELL 52.53 SELL
MA_50 54.67 SELL 53.6 SELL
MA_100 55.74 SELL 55.43 SELL
MA_200 59.93 SELL 55.94 SELL

PATELENG Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 50.83 Uptrend
MACD 0.18 BUY
ADX 25.22 Strong Trend
DMI (+/-) 16.18 / 29.15 Downtrend

PATELENG Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 46.89 Neutral
STOCHASTIC_K (Fast) 62.91 Neutral
STOCHASTIC_D (Slow) 35.25 Neutral
CCI 66.54 Neutral
PSAR 53.12 SELL
TRUE RANGE 2.74 Neutral
ATR 2.23 Neutral
WILLIAMS R -30.43 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 50.87 Neutral
MOMENTUM -3.32 SELL

PATELENG Last 1 Year Trend

Duration Value
1 Year 7.51%
3 Months -3.46%
1 Month -6.1%
1 Week -1.06%

PATELENG Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 30%
NEUTRAL / HOLD 30%
SELL 40%

Most popular Questions & Answers about PATELENG


Patel Engineering Limited stock last traded price is 51.69. PATELENG share price moved Down by -0.65% from its previous close of Rs 52.03.

Patel Engineering Limited share price trend is Down with a total of 3204430 stocks traded till now. It has touched an intraday high of Rs 79.79 and an intraday low of Rs 50.61. The PATELENG trading at 51.69, Down by Rs. -0.34, or -0.65 percent which suggests that most of the Traders are anticipating that the price of PATELENG share should go Down and the Stop Loss will be around 51.72.

The market cap of Patel Engineering Limited is ₹1277.2 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Patel Engineering Limited as of Nov 22, 2024 is 39.13.

The current price to book ratio for Patel Engineering Limited as of Nov 22, 2024 is 1.38.

The highest price of Patel Engineering Limited stock is ₹79 in the last 52-week.

The lowest price of Patel Engineering Limited stock is ₹46.25 in the last 52-week.

Patel Engineering Limited share trading at ₹51.69, Down by Rs. -0.34, or -0.65 percent which suggests that most of the traders are anticipating that the price of PATELENG share should go Down.

In 2023, Stock price target for Patel Engineering Limited (PATELENG) are ₹48.5 on downside and ₹66.5 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 ₹66.5 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.

The price of Patel Engineering Limited (PATELENG) shares moved by -0.65%. The short-term trend for PATELENG share price is Down. It implies that the share price of PATELENG will stay the same tomorrow and that intraday traders should treat VWAP at 51.72 as a stop loss. Investors with a long-term outlook can track PATELENG long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of PATELENG stock is 37.2. Compared to the current market price of 51.69 INR, the PATELENG stock is Overvalued by 28%.

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 3.1. Patel Engineering Limited book value per share as of today is 37.34. The current price to book ratio for PATELENG as of Nov 23, 2024 is 1.38.


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 313.35 26.74 114.7
RESPONIND 255.00 1.26 34.64
DBL 433.95 27.04 345.61
NCC 283.80 12.13 108.51
MANINFRA 181.93 4.15 33.97
MAHLIFE 461.25 0 99.49
ASHOKA 231.31 15.39 135.81
AHLUCONT 927.55 50.68 239.17
HCC 36.09 1.07 5.58
JMCPROJECT 118.85 1.9 52.41
Updated at: 22 Nov 2024 15:52

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