Patel Engineering Share Price Target 2022, 2023, 2024, 2025, 2030

Patel Engineering Share Price Target 2022, 2023, 2024, 2025, 2030– Patel Engineering was incorporated in the year 1949 by four young entrepreneurs, with an objective to cater to the infrastructural needs of a growing nation. Here we try to analysis Patel Engineering Share with the help of analytical and Technical analysis of the same share.

Patel Engineering Share Price Target 2022, 2023, 2024, 2025, 2030 Table

YearPatel Engineering Share Price Target
2022 First TargetRs 30
2022 Second TargetRs 32
2023 First TargetRs 37
2023 Second TargetRs 38
2024 First TargetRs 43
2024 Second TargetRs 45
2025 First TargetRs 50
2025 Second TargetRs 54
2030 First TargetRs 75
2030 Second TargetRs 85
Patel Engineering Share Price Target 2022, 2023, 2024, 2025, 2030 Table

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Patel Engineering Share Price Target 2022

Patel Engineering provides a wide range of engineering services involved in design and construction of power projects and hydroelectric projects or commercial building or in the manufacturing of  industrial complexes, dams, tunnels, underground structures and steel concrete structures, bridges, marine works, flyovers and national highways in India and abroad. It has an experience of 75 dams, 30 hydro electric projects, 30 micro tunnelling projects and 130 Km of tunnelling etc.

The Shared Price Target of Patel Engineering will be available until the end of the 2022 financial year, The initial stock price targeted by Patel Engineering will be approximately Rs 30. And the second target price of Patel Engineering will be Rs 32 Until the end of 2022.

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Patel Engineering Share Price Target 2023

Patel Engineering has constructed tunnels, dams, underground projects, bridges, highways and flyovers and has completed various projects such as Centaur Hotel, Barauni oil refinery, Durgapur Steel Plant and impounded wet dock at Mazgaon, among others. Some of the projects that are under construction are Koyna tunnels, Yamuna hydro electric projects, Shillong water supply scheme, etc. Under this Patel Engineering has constructed dams, hydroelectric projects, complexes etc. Few of its completed projects are Wholesale Market Centre-Doha Qatar, Chukha Hydro Electric Project- Bhutan, Stagecoach Dam and Reservoir-Colorado USA, among others.

Patel Engineering stock price Target 2023 the company will be able to acquire in the Financial year 2023. The first share price target of Patel Engineering will be Rs 37. And the second share price Target of Patel Engineering Second Share Price Target will be Rs 38.

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Patel Engineering Share Price Target 2024

Patel Engineering has bagged contracts for the works of Construction of Diversion Tunnel, Concrete Gravity Dam, Intake, Pressure Shafts, Underground Power House & Tailrace Tunnel for Kwar HE Projects in District Kishtwar, J&K, India. The Kwar HE Project is being executed by Chenab Valley Power Projects, a Joint Venture of NHPC and JKSPDC to harness the vast hydro potential of river Chenab.

In this section, we try to predict the price of two Patel Engineering targets that will be able to sustain in the 2024 financial year. The initial target price of Patel Engineering will be Rs 43. And the second target price of Patel Engineering will be Rs 45.

Patel Engineering Share Price Target 2022, 2023, 2024, 2025, 2030

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Patel Engineering Share Price Target 2025

Patel Engineering is implementing hydroelectric power projects  in four states. The company is also implementing a railway tunnel project in West Bengal. The company is also planning to merge some of the subsidiaries with itself, which will help reduce operating costs and ensure synergies of operations.

Patel Engineering Two Share Price Target for the 2025 Financial Year. The initial target price of Patel Engineering for the financial year 2025 will be Rs 50. And the Second Shared Price Target for Patel Engineering for the 2025 Financial Year will be approximately Rs 54.

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Patel Engineering Share Price Target 2030

In the year 2010 the Company received approval from the Central government for coal linkage for its thermal projects. Also, Patel Engineering Ltd subsidiary was awarded with the largest Waterfront Development Project in Mauritius. Patel Engineering has a number of Global Subsidiaries  which are named as  ASI RCC INC It was incorporated in April 1987 in Colorado, USA. The ASI portfolio includes dams, power and treatment plants, mines, tunnels, highways, etc and the other Global Subsidiaries of Patel Engineering named as Westcon Microtunneling It was incorporated in 1978 and is a microtunneling contractor in the US.

The Two Share Price Target of Patel Engineering will be available at the end of this decade of almost 2030. Patel Engineering First share price Target will be Rs 75. In the year 2030. Patel Engineering Second share Price Target will be Rs 85.

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Future Prospects of Patel Engineering Share

  • Patel Engineering has bagged Rs 2,461 crore contract for the works of Construction of Diversion Tunnel, Concrete Gravity Dam, Intake, Pressure Shafts, Underground Power House & Tailrace Tunnel for Kwar HE Projects in District Kishtwar, J&K, India. The Kwar HE Project is being executed by Chenab Valley Power Projects, a Joint Venture of NHPC and JKSPDC to harness the vast hydro potential of river Chenab.
  • Patel Engineering wholly owned subsidiary which is named as Patel Energy Resources has divested its entire stake in Naulo Nepal Hydroelectric a subsidiary in Nepal. Consequent to the said transaction, NHPL ceased to be the subsidiary of the Company.

Risks of Patel Engineering Share

  • Patel Engineering will strive to work with national and international clients to provide their customers, otherwise there are a number of other manufacturing teams or companies that will take their place and appear to be at the forefront of their business.
  • Patel Engineering will try to make their services digital in order to gain more customer base for their Customers because today all other Companies will provide their number of services with the help of just one click on the phone Otherwise they will stand in a long line of other Engineering teams. who can do their job with the majority of other Countries.

Expert Views on Patel Engineering Share

According to Trend Analysis, the share price of Patel Engineering will show a positive trend in the short term and if we analyze the long-term investment allocation it will be considered a small risk as Patel Engineering will need to change the price of the asset to maintain. to be seen as a good way to invest in an Investor.

Patel Engineering Share Price Target F.A.Q.

– What Industries Patel Engineering does it work in?

Patel Engineering provides a wide range of public engineering services involved in the design and construction of power projects, hydroelectric projects, commercial buildings, industrial buildings, dams, tunnels, underground structures, steel and concrete buildings, bridges, marine works, flyover and national highways in India. and abroad.

– Where is the Patel Engineering Headquarters?

Patel Engineering Headquarters Located in Maharashtra, India.

– Who is the current MD of Patel Engineering?

Rupen Patel is the current MD of Patel Engineering.

 I hope that after reading the article Patel Engineering Share Price Target 2022, 2023, 2024, 2025, 2030 you must have got a good idea what kind of performance can be seen in the growth of the Company. If you still have any question related to this article in your mind, then do not forget to tell in the comment at all. Stay tuned to Market in India for important information about this type of stock in the stock market.

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