Patel Engineering shares hit 5 percent upper circuit on winning Rs 1,820 crore order - CNBCTV18
| PATELENG | 57.21 0.21 0.37% |
About 62% of Patel Engineering's investor base is looking to short. The current sentiment regarding investing in Patel Engineering Limited stock implies that many traders are alarmed. Patel Engineering's investing sentiment overview a quick insight into current market opportunities from investing in Patel Engineering Limited. Many technical investors use Patel Engineering stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Patel |
Patel Engineering shares hit 5 percent upper circuit on winning Rs 1,820 crore order CNBCTV18
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Patel Engineering Fundamental Analysis
We analyze Patel Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patel Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patel Engineering based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Patel Engineering is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Patel Engineering Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Patel Engineering stock to make a market-neutral strategy. Peer analysis of Patel Engineering could also be used in its relative valuation, which is a method of valuing Patel Engineering by comparing valuation metrics with similar companies.
Peers
Patel Engineering Related Equities
| APEX | Apex Frozen | 4.60 | ||||
| RCOM | Reliance Communications | 3.57 | ||||
| HNDFDS | Hindustan Foods | 2.82 | ||||
| DODLA | Dodla Dairy | 0.07 | ||||
| UNIVAFOODS | Univa Foods | 0.00 | ||||
| LTFOODS | LT Foods | 0.48 | ||||
| SHYAMTEL | Shyam Telecom | 2.02 | ||||
| SAPPHIRE | Sapphire Foods | 5.85 |
Other Information on Investing in Patel Stock
Patel Engineering financial ratios help investors to determine whether Patel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Patel with respect to the benefits of owning Patel Engineering security.