Patel Engineering (Mid Cap - Next Multibagger) Share Target 2024, 2025 To 2039
|
Patel Engineering Limited |
|||
|
Price: ₹53.05 | ||
| 52 Week Low: ₹46.25 52 Week High: ₹79.00 |
|||
| Market Capital: 5,049.54 Crore (Midcap) | |||
| Industrials -> Engineering & Construction | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Patel Engineering Share Price Target For 2024
- 1.1.1: Patel Engineering Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Patel Engineering Share Price Target For 2025
- 1.2.1: Patel Engineering Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Patel Engineering Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Patel Engineering Brief Company Overview
- 4: Patel Engineering Financial Performance
- 4.0.1: Is Patel Engineering A Good Buy For Long Term?
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.
Patel Engineering Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 55.6 (+4.80%) | Price Action: 19 Dec 2024 High |
| 2024 Target 2 | 54.96 (+3.60%) | Price Action: Apr 2014 High |
| 2024 Target 1 | 54.34 (+2.43%) | Price Action: 19 Dec 2024 Low |
| Current Price | 53.05 | Patel Engineering's share price as of 20 Dec 2024 |
| Stop Loss 1 | 52.37 (-1.29%) | Price Action: 23 Oct 2024 High |
| Stop Loss 2 | 51.67 (-2.61%) | Price Action: Jan 2018 Low |
| Stop Loss 3 | 51.08 (-3.72%) | Price Action: May 2015 Low |
Short-Term Technical Outlook
Current Technical Position: Patel Engineering is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹53.31 serves as the nearest technical reference point.
Historical Returns: 3-month: -6.93% | 6-month: -19.36% | 1-year: -11.80%
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.
Patel Engineering Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 76.41 (+44.03%) | Price Action: Chart |
| 2025 Target 2 | 74.99 (+41.35%) | Price Action: Chart |
| 2025 Target 1 | 74.25 (+39.96%) | Fibonacci Extension Level 64.90% |
| Current Price | 53.05 | Patel Engineering's share price as of 20 Dec 2024 |
| Stop Loss 1 | 48.08 (-9.37%) | Price Action: 29 Oct 2024 Low |
| Stop Loss 2 | 47.5 (-10.47%) | Price Action: 25 Oct 2024 Low |
| Stop Loss 3 | 46.9 (-11.60%) | Price Action: Nov 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Patel Engineering is currently trading near its 52-week low of ₹46.25, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -11.80% | 3-year: +82.74% | 5-year: +304.96%
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Patel Engineering Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹53.05 | ||
| 2024 | ₹53.51 | +0.87% | ₹54.31 |
| 2025 | ₹59.66 | +11.49% | ₹60.55 |
| 2026 | ₹60.56 | +1.51% | ₹62.05 |
| 2027 | ₹63.30 | +4.52% | ₹64.25 |
| 2028 | ₹61.65 | -2.61% | ₹65.51 |
| 2029 | ₹64.43 | +4.51% | ₹68.43 |
| 2030 | ₹71.36 | +10.76% | ₹72.43 |
| 2031 | ₹71.99 | +0.88% | ₹73.79 |
| 2032 | ₹74.81 | +3.92% | ₹75.93 |
| 2033 | ₹72.46 | -3.14% | ₹77.21 |
| 2034 | ₹75.35 | +3.99% | ₹80.13 |
| 2035 | ₹83.05 | +10.22% | ₹84.30 |
| 2036 | ₹83.41 | +0.43% | ₹85.53 |
| 2037 | ₹86.32 | +3.49% | ₹87.61 |
| 2038 | ₹83.27 | -3.53% | ₹88.90 |
| 2039 | ₹82.88 | -0.47% | ₹91.83 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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.Patel Engineering Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 5,049.54 Crore | Market valuation of Patel Engineering's shares. |
| Revenue (TTM) | 4,633.01 Crore | Total revenue generated by Patel Engineering over the past twelve months. |
| Net Income (TTM) | +3,022,099,968.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +15.52% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +6.26% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+3.50% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+65.50% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
60.4 | Company's total debt divided by total shareholder equity. |
| Total Debt | 1,909.9 Crore | Sum of Patel Engineering's current & long-term financial obligations. |
| Total Cash | 338.75 Crore | Total amount of liquid funds available to Patel Engineering. |
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.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
