Patel Engineering bags order worth Rs 234cr; stk up 4%

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Patel Engineering bags order worth Rs 234cr; stk up 4%

Patel Engineering Company has bagged order worth Rs 234 crore from Bihar government, reports CNBC-TV18.

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Patel Engineering Company has bagged order worth Rs 234 crore from Bihar government, reports CNBC-TV18.
 
It touched an intraday high of Rs 122.65 and an intraday low of Rs 117.50. At 12:40 hrs the share was quoting at Rs 121.45, up Rs 4.75, or 4.07%.
 
It was trading with volumes of 258,147 shares. In the previous trading session, the share closed up 3.55% or Rs 4.00 at Rs 116.70.

The company's trailing 12-month (TTM) EPS was at Rs 14.33 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 8.48. The latest book value of the company is Rs 191.04 per share. At current value, the price-to-book value of the company was 0.64. The dividend yield of the company was 0.82%.