COMPANY NEWS


Patel Engineering Ltd
BSE Code 531120 ISIN Demat INE244B01030 Book Value (₹) 40.62 NSE Symbol PATELENG Div & Yield % 0 Market Cap ( Cr.) 4,725.13 P/E * 21.36 EPS * 2.62 Face Value (₹) 1
* Profit to Earning Ratio
* Earning Per Share
Patel Engineering JV receives LoA for Rs 1275 cr drinking water supply project in MP Back
(05 Sep 2023)
Patel Engineering along with a JV Partner has received letter of award for Urban Infrastructure Development Project of Rs. 1,275.30 crores from Madhya Pradesh Jal Nigam, which was declared as L1 earlier.

The Company being 35% partner in the JV, its share in the project is Rs. 446.36 crore.

The project involves Engineering, Procurement, Construction, Testing, Commissioning, Trial Run and Operation & Maintenance for 10 Years of Narmada-Gambhir, District Ujjain & Indore Multi-Village Drinking Water Supply Scheme in a Single Package on Turn-key Job Basis.