The stock has delivered multibagger returns of over 240 per cent in the past three years.

The company's shares saw a spurt in volume by more than 1.01 times on BSE.

Shares of the company gained more than 15 per cent in the last six months.

Shares of the company gained more than 300 per cent in the last one year.

The stock gave multibagger returns of 345 per cent in just 1 year whereas BSE Small-Cap Index is up by 60 per cent.

Shares of the company gained more than 90 per cent in the last six months.

Shares of the company gained more than 100 per cent in the last six months.

Ace investor Vijay Kedia has increased his stake in the company from 1.29 per cent to 1.68 per cent share of the company.

In Q1FY24, the company reported a 64 per cent increase in net profit YoY.

Shares of the company have jumped more than 200 per cent in the last six months.

According to the quarterly results, the net sales increased by 24.20 per cent to Rs 1,119 crore and net profit increased by 16.22 per cent to Rs 43 crore in Q1FY24 compared to Q1FY23. The stock gave multibagger returns of 285 per cent in just 6 months whereas BSE Industrials Index is up by 40.58 per cent.

Quarterly Results: The net sales increased by 1.26 per cent to Rs 2,920.78 crore and net profit skyrocketed by 122 per cent to Rs 12.31 crore in Q1FY24 compared to Q1FY23. The EPS for Q1FY24 stood at Rs 0.87.

Notably, all business segments have witnessed substantial revenue growth during this quarter

In the realm of infrastructure development, the government is making significant efforts as it injects substantial financial resources and efforts into various projects.

Shares of the company have gained more than 200 per cent in the last six months.

In Q4FY23, the company reported a 147.04 per cent increase in net profit YoY.

In Q4FY23, the company reported a 147.04 per cent increase in net profit YoY.

At the closing bell, shares of the company were in green, up 4.25 per cent to Rs 27.73 per share with a spurt in volume by more than 2.73 times on BSE.   

About 1,654 shares have advanced, 1,854 declined and 126 are unchanged on BSE.  

Kedia Securities Private Limited owned by "Vijay Kedia" brought 1.29 per cent stake in this company, aggregating to Rs 21 crore as of March quarter (Q4).

As of December 31, 2022, the company has an order book of Rs 16,809 crore. 

On Thursday, the Sensex dipped by 289 points to close at 57,925.28, while the Nifty 50 jumped by 75 points to close at 17,076.90

But that's not all! The company recently announced that, along with its joint venture (JV) partners, it has received a letter of award for the Rihand Micro Irrigation Project from the Department of Water Resources, Madhya Pradesh. 

The project entails constructing a pressure irrigation system to supply water through pressurized pipeline systems for micro-irrigation under the Rihand Micro Irrigation Project in the state of Madhya Pradesh

On Wednesday, the Sensex fell by 927 points to close at 59,744.98, while the Nifty 50 dropped by marginal 274 points to close at 17,552.60

The firm has a market cap of Rs 1,076 crore with a low PE multiple of 6.83.

Including the above order received, the company’s order book stands at Rs 16,809 crore.

Today, shares of the company saw a spurt in volume by more than 13.80 times on BSE.  

In Q2FY23, net sales and net profit rose by 23.27 per cent and 88.37 per cent respectively compared to Q2FY22.

The amount of risk that companies run by pledging shares are different for small and mid-cap companies than it is for large-caps. The betas are far higher in the case of small companies because if the market corrects, the stocks of such companies plummet, resulting in financial institutions selling these shares and putting further pressure on the stocks.  

 At 11 am on Friday, the headline equity indices, i.e. Sensex and Nifty 50 are trading flat, owing to a quiet trading session in the US market.   

The shares of Patel Engineering closed at Rs 24.70 per share, higher by more than 3 per cent on Monday trading session, on a closing basis.

BSE Smallcap index outperformed broader markets, ending at 25,315.75 with gains of 1.28 per cent.