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StockYard ( SEBI RA )

27th Nov · SEBI-Registered Analyst

📌 Patel Engineering Surges 10% After Securing ₹798 Crore Project 🚀🏗️

Patel Engineering’s shares jumped nearly 10% to ₹36.40 after the company secured two Letters of Intent worth ₹798 crore for coal excavation and transportation at SECL’s Jhiria West project in Chhattisgarh. The nine-year contracts, awarded by Saidax Engineers, include overburden removal, coal cutting, and transportation—significantly strengthening Patel Engineering’s infrastructure order book and future revenue visibility. #PatelEngineering #StockMarketNews #Infrastructure #CoalProjects #SECL #MarketUpdate #BusinessNews

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