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Patel Engineering Share Price Target 2024, 2025, 2026 to 2039 With Charts
Patel Engineering Limited | |||
 | Symbol: PATELENG | ||
| Price: ₹56.3 | |||
| Exchange: NSE | |||
| Industrials -> Engineering & Construction | |||
Show Table of Contents
Table of Contents
- 1: Patel Engineering Brief Company Overview
- 1.1: Patel Engineering Limited
- 1.2: Patel Engineering Financial Performance
- 1.2.1: Is Patel Engineering A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Patel Engineering Share Price Target For 2024
- 2.1.1: Patel Engineering Share Price Target Table For 2024
- 2.1.2: Summary: Patel Engineering Share Price Prediction For 2024
- 2.2: Patel Engineering Share Price Target For 2025
- 2.2.1: Patel Engineering Share Price Target Table For 2025
- 2.2.2: Summary: Patel Engineering Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Patel Engineering Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Patel Engineering Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Patel Engineering Past Performance
Patel Engineering Brief Company Overview
Patel Engineering Limited
Patel Engineering Limited, established in 1949, is a Mumbai-based infrastructure and construction giant operating in India and internationally.
- Hydro-power and transport projects
- Water works and urban structures
- Micro tunnelling projects
- Residential and commercial real estate projects
Patel Engineering has a strong reputation in the industry for its diverse product range, commitment to quality, and international presence.
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Patel Engineering Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 4,553.07 Crore | Market valuation of Patel Engineering's shares. |
| Revenue (TTM) | 4,716.81 Crore | Total revenue generated by Patel Engineering over the past twelve months. |
| Net Income (TTM) | +275.79 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 11.21% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 5.27% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +2.29% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +120.7% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 65.74 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,982.66 Crore | Sum of Patel Engineering's current & long-term financial obligations. |
| Total Cash | 118.2 Crore | Total amount of liquid funds available to Patel Engineering. |
| Beta | 1.26 | Beta is greater than 1 indicating that the Patel Engineering's price is more volatile than the market. |
Is Patel Engineering A Good Buy For Long Term?
Patel Engineering, with a market capitalization of 5,049.54 Crore, has shown promising growth with a 65.5% increase in earnings and a 3.5% increase in revenue compared to the previous quarter. Despite a debt of 1,909.9 Crore, the company maintained a healthy cash balance of 338.75 Crore. With a profit margin of 6.26%, Patel Engineering demonstrates efficient operations. Based on its strong historical returns and sustained growth, Patel Engineering is considered a good buy for long-term investment.
To predict the Patel Engineering's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Patel Engineering Share Price Target For 2024
The line chart displays the monthly closing prices of Patel Engineering with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Patel Engineering shares in 2024, see the table below.
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Patel Engineering Share Price Target Table For 2024
| Patel Engineering's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 58.07 (+3.14%) | Fibonacci Extension Level 100% |
| 2024 Target 2 | 57.45 (+2.04%) | Price Action: Aug 2024 High |
| 2024 Target 1 | 56.80 (+0.88%) | Price Action: Sep 2024 Low |
| Current Price | 56.30 | Patel Engineering's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 56.06 (-0.43%) | Price Action: Chart |
| Stop Loss 2 | 55.45 (-1.51%) | Price Action: Dec 2011 Low |
| Stop Loss 3 | 54.82 (-2.63%) | Fibonacci Retracement Level 98.6% |
Summary: Patel Engineering Share Price Prediction For 2024
In summary, Patel Engineering has declined by ₹-3.85, recording a notable -6.40% decrease from 1st January 2024 to 17 Oct 2024. Despite the setback, our analysis of Patel Engineering for 2024 predicts an additional rise of 0.88% to 3.14% by the end of 2024 with three potential targets T1: 56.80, T2: 57.45, T3: 58.07. Stop Loss at SL1: 56.06, SL2: 55.45, SL3: 54.82.
Patel Engineering has a 52-week high of ₹79.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹42.05, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Patel Engineering.
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Patel Engineering Share Price Target For 2025
The line chart displays the monthly closing prices of Patel Engineering with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Patel Engineering shares in 2025, see the table below.
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Patel Engineering Share Price Target Table For 2025
| Patel Engineering's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 81.81 (+45.31%) | Price Action: Chart |
| 2025 Target 2 | 80.28 (+42.59%) | Custom Fibonacci Extension Lvl 64.9% |
| 2025 Target 1 | 79.00 (+40.31%) | Fibonacci Extension Level 100% |
| Current Price | 56.30 | Patel Engineering's 1 share price as of Thu 17 Oct 2024 |
| Stop Loss 1 | 50.21 (-10.82%) | Price Action: Jun 2015 Low |
| Stop Loss 2 | 49.60 (-11.91%) | Price Action: Oct 2015 Low |
| Stop Loss 3 | 48.92 (-13.11%) | Price Action: Jan 2014 High |
Summary: Patel Engineering Share Price Prediction For 2025
In summary, Patel Engineering has declined by ₹-3.85, recording a notable -6.40% decrease from 1st January 2024 to 17 Oct 2024. Despite the setback, our analysis of Patel Engineering for 2025 predicts an additional rise of 40.31% to 45.31% by the end of 2025 with three potential targets T1: 79.00, T2: 80.28, T3: 81.81. Stop Loss at SL1: 50.21, SL2: 49.60, SL3: 48.92.
Patel Engineering has a All-Time high of ₹813.50, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹42.05, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Patel Engineering, we have created a specific page for that check here: Patel Engineering Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Patel Engineering Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Patel Engineering share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 7.23% over the next 15 years.
For complete year by year Patel Engineering long term share price target from 2024, 2025 to 2039 check the below table.
Patel Engineering Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Patel Engineering Target | YoY Change % |
|---|---|---|
| 2024 | ₹56.3 | [Current Price] |
| 2024 | ₹57.18 | 1.56% |
| 2025 | ₹67.86 | 18.67% |
| 2026 | ₹71.86 | 5.89% |
| 2027 | ₹78.44 | 9.15% |
| 2028 | ₹79.4 | 1.22% |
| 2029 | ₹85.93 | 8.22% |
| 2030 | ₹98.85 | 15.03% |
| 2031 | ₹101.94 | 3.12% |
| 2032 | ₹108.74 | 6.67% |
| 2033 | ₹107.87 | -0.81% |
| 2034 | ₹114.67 | 6.3% |
| 2035 | ₹129.84 | 13.22% |
| 2036 | ₹132.01 | 1.67% |
| 2037 | ₹139.03 | 5.31% |
| 2038 | ₹136.34 | -1.94% |
| 2039 | ₹151.88 | 11.39% |
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Patel Engineering Past Performance
- In 2001, Patel Engineering opening price was ₹12
- As of Thu 17 Oct 2024 the price stands at ₹56.3.
- This represents a Compound Annual Growth Rate (CAGR) of 6.65%.
- In 23 years, an investment of 10,000 would have become ₹46,916.66.
As we wrap up, we hope you like our study on Patel Engineering share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Patel Engineering Share Price History
- Patel Engineering Price Target Tomorrow
- Patel Engineering Dividend History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
