The stock has made investors a fortune over the past 12 months.

New Delhi. Patel Engineering Ltd’s holdings in veteran investor Vijay Kedia’s portfolio have made investors 12-25 within a year. The amount invested in this share a year ago has now quadrupled. The share is in Vijay Kedia’s portfolio from March 2023 quarter. Patel Engineering Limited had a 1.7% stake in the December 2024 quarter. In the last trading session i.e. on Friday, shares of Patel Engineering closed marginally lower at Rs 71.80 (Patel Engineering Share Price) on NSE.

Patel Engineering Limited has a market cap of Rs 5270 crore. Vijay Kedia had a 1.3 percent stake in the March quarter last year, which increased to 1.7 percent in the June 2023 quarter. Vijay Kedia currently holds 1.3 crore shares of Patel Engineering and his portfolio holding value is Rs 93 crore. Shares of Patel Engineering have a 52-week high of Rs.79, while a 52-week low is Rs.13.15.

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400% profit in one year
Shares of Patel Engineering have given investors a return of 400 percent in one year. On February 13, 2023, the price of this share was Rs.14.35. Now its price has increased to Rs 71.80. This multi-bagger share has gained 12% in the last one month. The stock has gained 51% in the past three months. At the same time, shares of Patel Engineering have returned 42 percent in six months.

In one year, Vijay Kedia made a profit of Rs 74 crore due to the increase in shares of Patel Engineering. If an investor had invested Rs 1 lakh in Patel Engineering shares a year ago and maintained his investment, today his investment is worth Rs 4 lakh.

(Disclaimer: The information given here is based on share performance. As investing in stock market is subject to market risk, please consult a certified investment advisor before investing. News 18 Hindi becomes responsible for any damages you incur.)

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