Patel Engineering (India) Price History

PATELENG   53.21  0.10  0.19%   
Below is the normalized historical share price chart for Patel Engineering Limited extending back to February 24, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Patel Engineering stands at 53.21, as last reported on the 1st of December, with the highest price reaching 53.74 and the lowest price hitting 52.63 during the day.
200 Day MA
58.3812
50 Day MA
53.2476
Beta
1.167
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Patel Stock, it is important to understand the factors that can impact its price. Patel Engineering maintains Sharpe Ratio (i.e., Efficiency) of -0.071, which implies the firm had a -0.071% return per unit of risk over the last 3 months. Patel Engineering exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Patel Engineering's Risk Adjusted Performance of 0.0023, variance of 5.79, and Coefficient Of Variation of (16,799) to confirm the risk estimate we provide.
  
At this time, Patel Engineering's Common Stock is very stable compared to the past year. As of the 1st of December 2024, Sale Purchase Of Stock is likely to grow to about 3.8 B, while Total Stockholder Equity is likely to drop about 19.7 B. . Patel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.071

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Estimated Market Risk

 2.21
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Patel Engineering is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Patel Engineering by adding Patel Engineering to a well-diversified portfolio.
Price Book
1.1791
Enterprise Value Ebitda
6.0945
Price Sales
0.9512
Shares Float
466.5 M
Wall Street Target Price
80

Patel Engineering Stock Price History Chart

There are several ways to analyze Patel Stock price data. The simplest method is using a basic Patel candlestick price chart, which shows Patel Engineering price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 16, 202461.63
Lowest PriceOctober 25, 202447.64

Patel Engineering December 1, 2024 Stock Price Synopsis

Various analyses of Patel Engineering's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Patel Stock. It can be used to describe the percentage change in the price of Patel Engineering from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Patel Stock.
Patel Engineering Price Action Indicator(0.03)
Patel Engineering Price Daily Balance Of Power(0.09)
Patel Engineering Price Rate Of Daily Change 1.00 

Patel Engineering December 1, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Patel Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Patel Engineering intraday prices and daily technical indicators to check the level of noise trading in Patel Stock and then apply it to test your longer-term investment strategies against Patel.

Patel Stock Price History Data

The price series of Patel Engineering for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 13.99 with a coefficient of variation of 6.42. The price distribution for the period has arithmetic mean of 54.58. The median price for the last 90 days is 54.6. The company completed stock split (2:1) on 25th of October 2004. Patel Engineering had dividends distributed to its stock-holders on 2012-10-01.
OpenHighLowCloseVolume
12/01/2024
 53.50  53.74  52.63  53.21 
11/29/2024 53.50  53.74  52.63  53.21  2,090,374 
11/28/2024 53.40  54.10  52.91  53.31  3,822,666 
11/27/2024 51.60  53.19  51.35  52.96  3,800,115 
11/26/2024 52.53  53.39  50.84  51.48  4,769,217 
11/25/2024 53.00  53.64  52.05  52.42  2,949,448 
11/22/2024 50.61  52.40  50.61  51.69  3,193,419 
11/21/2024 53.10  53.62  51.61  52.03  4,570,668 
11/20/2024 53.32  53.32  53.32  53.32  1.00 
11/19/2024 53.29  54.40  52.75  53.32  6,268,469 
11/18/2024 51.50  53.79  51.06  52.80  8,257,799 
11/14/2024 51.70  52.75  50.95  51.12  8,637,033 
11/13/2024 48.42  51.97  46.90  50.01  19,925,775 
11/12/2024 50.50  50.97  48.60  49.00  2,077,928 
11/11/2024 51.20  51.20  49.98  50.21  2,554,083 
11/08/2024 51.50  52.30  50.69  51.50  3,058,545 
11/07/2024 52.64  53.25  51.52  51.67  4,294,714 
11/06/2024 51.00  52.75  50.83  52.64  3,843,173 
11/05/2024 49.98  51.25  49.84  50.80  2,711,879 
11/04/2024 52.08  52.09  49.90  50.36  3,378,758 
11/01/2024 51.56  51.56  51.56  51.56  1,222,590 
10/31/2024 50.82  51.92  50.12  51.56  3,286,202 
10/30/2024 49.19  51.32  49.07  50.82  4,246,106 
10/29/2024 48.44  49.29  48.08  49.06  2,965,481 
10/28/2024 47.71  48.90  46.25  48.10  5,920,700 
10/25/2024 49.48  49.84  46.86  47.64  6,658,679 
10/24/2024 50.70  51.40  49.30  49.48  4,552,433 
10/23/2024 50.01  52.37  49.90  50.55  5,259,382 
10/22/2024 53.00  53.36  50.95  51.09  6,264,231 
10/21/2024 55.48  55.76  53.31  53.66  3,734,146 
10/18/2024 56.20  56.35  54.81  55.26  4,078,018 
10/17/2024 55.05  58.10  54.75  56.50  12,153,453 
10/16/2024 54.39  55.58  54.22  54.44  3,122,086 
10/15/2024 54.25  54.95  54.20  54.60  2,254,576 
10/14/2024 54.80  55.41  53.51  54.13  2,805,530 
10/11/2024 55.01  55.78  54.50  54.62  2,519,744 
10/10/2024 55.75  56.47  55.09  55.18  2,599,707 
10/09/2024 55.28  56.33  54.95  55.39  2,946,748 
10/08/2024 52.50  55.25  52.21  54.95  4,565,108 
10/07/2024 56.19  56.20  52.55  52.94  5,774,195 
10/04/2024 55.26  56.75  54.06  55.69  4,739,325 
10/03/2024 55.51  56.47  55.20  55.54  4,429,805 
10/01/2024 56.99  57.80  56.25  56.89  5,605,896 
09/30/2024 57.51  58.11  56.80  57.00  3,884,582 
09/27/2024 57.87  58.44  57.75  57.96  2,699,620 
09/26/2024 58.40  58.55  57.50  57.69  2,863,935 
09/25/2024 59.00  59.58  58.02  58.26  3,497,410 
09/24/2024 60.10  61.00  58.91  59.18  5,244,641 
09/23/2024 60.00  61.38  59.87  60.26  8,598,379 
09/20/2024 57.80  60.40  57.50  58.76  7,569,795 
09/19/2024 59.05  59.92  56.36  57.51  5,802,148 
09/18/2024 60.45  60.98  58.58  58.75  5,829,376 
09/17/2024 61.80  61.90  59.50  60.44  8,608,831 
09/16/2024 60.50  62.80  60.40  61.63  18,843,337 
09/13/2024 57.39  61.00  56.93  59.81  18,103,165 
09/12/2024 58.25  58.71  57.02  57.23  4,812,366 
09/11/2024 59.50  59.72  57.65  57.95  5,208,898 
09/10/2024 59.52  60.50  59.07  59.39  10,014,088 
09/09/2024 57.04  60.49  55.12  59.10  13,100,672 
09/06/2024 58.65  58.76  56.75  57.04  4,644,928 
09/05/2024 58.30  59.96  57.94  58.27  5,318,506 

About Patel Engineering Stock history

Patel Engineering investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Patel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Patel Engineering will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Patel Engineering stock prices may prove useful in developing a viable investing in Patel Engineering
Last ReportedProjected for Next Year
Common Stock Shares Outstanding866.7 M617 M
Net Income Applicable To Common Shares2.1 B2.2 B

Patel Engineering Quarterly Net Working Capital

18.01 Billion

Patel Engineering Stock Technical Analysis

Patel Engineering technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Patel Engineering technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Patel Engineering trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Patel Engineering Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Patel Engineering's price direction in advance. Along with the technical and fundamental analysis of Patel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Patel to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.