Patel Engineering stock tanks 5% as topline, Ebitda fall in Q1FY25

Quick Summary:

Shares of Patel Engineering surged up to 4.56 per cent at Rs 53.

The Ebitda margin remained relatively stable at 15.2 per cent, compared to 15.3 per cent in the same period last year.

The stock price tanked after the company on Monday reported its April-June quarter of financial year 2024-25 (Q1FY25).

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Category: BusinessFinance

Markets: IndiaNepal

Topics: Stock market Patel engineering share price today Buzzing stock Patel engineering q1 patel engineering shares Patel engineering Patel engineering share price Patel engineering share price Sensex Patel engineering q1fy25 results

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Article Type: News Report

Published On: 2024-08-13 @ 14:05:22 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 23 lines

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Copyright Owner: © Business Standard

News ID: 22061096

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