Patel Engineering Share Price 📈💰
Patel Engineering, an infrastructure and construction services firm, has seen a remarkable turnaround in its share price after experiencing a significant 98% decline. The shares, which had fallen from Rs. 700 to Rs. 9, have now witnessed a tremendous increase of 600% over the past three years. As of January 10, 2024, the share price stands at Rs. 64.30.
👉 Veteran investor Vijay Kedia has shown strong faith in these multi-bagger shares, holding 1,300,000 shares of Patel Engineering. Currently, the shares are trading at Rs. 63.20 with a 1.79% decline.
Share Price Decline of 98% ⬇️
Patel Engineering shares were trading at Rs. 705.74 on January 4, 2008. However, since then, the company has experienced a rapid decline in its share price. On November 6, 2020, the shares had plummeted to Rs. 9.06, marking a decrease of over 98% from its all-time high. But things have turned around for the company in the past three years.
Impressive Growth of 600% in Three Years 📈
Despite the significant decline, Patel Engineering shares have shown remarkable growth over the past three years. The share price has surged to Rs. 64.30 as of January 10, 2024, representing a staggering 600% increase during this period.
285% Increase in One Year ⬆️
In the last year alone, Patel Engineering shares have witnessed a substantial 285% growth. On January 10, 2023, the share price was trading at Rs. 16.52. However, it has now reached Rs. 64.30, reflecting a significant upward trend.
Over 70% Growth in the Past Six Months ⬆️
Over the past six months, Patel Engineering shares have witnessed a growth of over 70%. From Rs. 49.23, the share price has surged to Rs. 64.30. The company’s 52-week high stands at Rs. 69.74, while the 52-week low was recorded at Rs. 13.10.
The journey of Patel Engineering’s share price has been a roller-coaster ride, experiencing both a significant decline and an impressive recovery. Investors and market analysts will continue to closely monitor the performance of this infrastructure and construction services firm in the coming months. 💼📊💹
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
