1. Patel Engineering is sitting on a cool order book of Rs 5,400 crore (Rs 54 billion) and is likely to be most benefitted by the boom in construction, power and real estate sectors and has definitely established a sound reputation in these segments.
2. Power is being given a main thrust in 11th Five Year Plan which has an outlay of Rs 70,000 crore (Rs 700 billion) and will be adding another 18,000 mw in hydropower generation.
3. Patel Engineering is likely to be most benefitted as it has 22 per cent market share in the domestic hydropower construction and it is equivalent to 60 per cent of its current order book.
4. Moreover company is sitting on a huge potential as it has pre-qualified for new projects worth over Rs 6,000 crore (Rs 60 billion) as on September 30, 2007.
5. Its core businesses includE construction of dams, transportation and micro-tunneling is growing at a fast pace and thus its growth is guaranteed with immediate trigger being available to it in form of real estate business as it is sitting on close to 1,000 acres land bank spread across Bangalore, Chennai, Hyderabad and Mumbai.
6. It is interesting to note that its real estate business is being valued between Rs 500-520 per share.
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2. Power is being given a main thrust in 11th Five Year Plan which has an outlay of Rs 70,000 crore (Rs 700 billion) and will be adding another 18,000 mw in hydropower generation.
3. Patel Engineering is likely to be most benefitted as it has 22 per cent market share in the domestic hydropower construction and it is equivalent to 60 per cent of its current order book.
4. Moreover company is sitting on a huge potential as it has pre-qualified for new projects worth over Rs 6,000 crore (Rs 60 billion) as on September 30, 2007.
5. Its core businesses includE construction of dams, transportation and micro-tunneling is growing at a fast pace and thus its growth is guaranteed with immediate trigger being available to it in form of real estate business as it is sitting on close to 1,000 acres land bank spread across Bangalore, Chennai, Hyderabad and Mumbai.
6. It is interesting to note that its real estate business is being valued between Rs 500-520 per share.
Subscribe Here to Get Free Millionaire Potential Stocks in Your Email Inbox Free Of Cost.
