Introduction
Leading infrastructure contractor receives two LOIs worth rs 798.19 crore for excavation, coal cut, load and transport work at Jhiria West OCP for South Eastern Coalfields Limited.
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Share price movement of Patel Engineering
On November 27, 2025, Patel Engineering Ltd opened at ₹35.54, up 7.17% from its previous close of ₹33.16. The stock touched a high of ₹37.96 (13.66%) and a low of ₹35.08. By 10:21 AM, it traded at ₹37.69, a 13.66% rise, with a market cap of ₹3,182.45 crore.
Patel Engineering Secures ₹798.19 Cr Orders
Patel Engineering Ltd received two Letters of Intent for excavation, coal handling, and transportation works at Jhiria West OCP in Chhattisgarh. The orders were awarded by Saidax Engineers and Infrastructure Private Limited.
The project includes overburden removal, coal cutting, loading, transportation, equipment hiring, diesel supply, and full maintenance. The total contract value is ₹798.19 crore, excluding taxes, and the execution period is nine years.
The work is for South Eastern Coalfields Limited. The company reported no promoter interest and confirmed the contract is not a related party transaction. The disclosure was filed on November 26, 2025.
Stock performance of Patel Engineering for Period of 1 week, 6 months, and 1 year
Patel Engineering Ltd delivered a 4.35% decline over the past week and fell 17.6% in the past six months. The stock recorded a 37.4% decline over the past year.
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Shareholding pattern of Patel Engineering
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 |
| Promoter | 36.10% | 36.10% | 36.10% |
| FII | 2.50% | 2.70% | 5.00% |
| DII | 4.80% | 4.90% | 4.70% |
| Public | 52.20% | 51.90% | 49.80% |
About Patel Engineering
Patel Engineering Ltd (NSE: PATELENG) is a 76-year-old company with strong operations in hydropower, tunneling and irrigation. It has executed 85 dams, 40 hydro projects and 300 km of tunneling for major government clients.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
A: Patel Engineering Ltd share price is rising because the company received two LOIs worth rs 798.19 crore for major SECL project work.
A: Patel Engineering Ltd specializes in hydropower, tunneling and irrigation projects with a strong track record in large infrastructure execution.
A: Patel Engineering Ltd has a market capitalization of approximately rs 3,182.45 crore based on the latest available data.
