Patel Engineering share price targets for the upcoming years are: ₹67.70 in 2024, ₹90.50 for 2025, ₹113.50 for 2026, ₹136.80 for 2027, ₹160.70 for 2028, ₹184.90 for 2029, ₹209.40 for 2030, ₹262.50 for 2032, ₹320.50 for 2035, ₹447.10 for 2040, ₹619.50 for 2045, ₹845.00 for 2050.
Now I Will Discuss Patel Engineering Company And Patel Engineering Share Target
Now, I will discuss Patel Engineering (NSE: PATELENG) and its share price targets for the upcoming years. Patel Engineering is a well-known company in the infrastructure sector, with many projects in hydropower, tunneling, and irrigation.
In this article, I will share Patel Engineering share price targets for 2024, 2025, 2026, 2027, 2028, 2029, and 2030. I will also discuss the targets for 2032, 2035, 2040, 2045, and 2050. These targets are based on expert reviews and the company’s ongoing and future projects.
As we go through the targets, I will highlight possible factors that may impact the price growth. Each year will have a minimum and maximum price target to help you understand the potential market movement for Patel Engineering.
By the end of this article, you will have a clear view of the future share price targets for Patel Engineering and why experts believe in its growth potential.
About Patel Engineering
Patel Engineering is a major player in infrastructure, focusing on civil and engineering projects. The company has experience in hydropower, tunneling, and irrigation sectors, contributing to national development.
It is involved in several large-scale projects, enhancing its reputation in both domestic and international markets. With a strong order book, Patel Engineering continues to grow and expand its presence in the industry.
Its diverse project portfolio drives steady business growth, positioning it well for future opportunities.
Patel Engineering Share Price Chart
Patel Engineering Share Price Target 2024
In 2024, Patel Engineering share price could range between ₹46.40 and ₹67.70. The growth is expected due to the company’s expanding order book and key infrastructure projects being completed, including large hydroelectric ventures.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹46.40 | ₹67.70 |
Patel Engineering Share Price Target 2025
For 2025, Patel Engineering share price may fall between ₹51.00 and ₹90.50. Increased focus on renewable energy projects and strong government infrastructure spending could drive this growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹51.00 | ₹90.50 |
Patel Engineering Share Price Target 2026
In 2026, the company’s share price may range from ₹70.10 to ₹113.50. Continued execution of hydropower projects and new tunnel contracts are expected to boost revenue.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹70.10 | ₹113.50 |
Patel Engineering Share Price Target 2027
By 2027, Patel Engineering stock may trade between ₹89.30 and ₹136.80. Further involvement in national irrigation projects and steady revenue from civil engineering projects could be key factors for this growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹89.30 | ₹136.80 |
Patel Engineering Share Price Target 2028
The 2028 share price could range between ₹110.80 and ₹160.70. Strong contributions from large infrastructure projects, along with potential international contracts, could drive share price performance.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹110.80 | ₹160.70 |
Patel Engineering Share Price Target 2029
In 2029, the company’s price may range from ₹132.50 to ₹184.90. Completion of major hydropower and tunneling projects, along with increased orders from public sector units, could support this growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹132.50 | ₹184.90 |
Patel Engineering Share Price Target 2030
By 2030, Patel Engineering share price could be between ₹152.60 and ₹209.40. A rise in demand for renewable energy projects, coupled with the company’s extensive experience, may propel its market value.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹152.60 | ₹209.40 |
Patel Engineering Share Price Target 2032
In 2032, the price target could range between ₹168.50 and ₹262.50. The company’s deep involvement in sustainable infrastructure projects and expanding international presence may support this substantial growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2032 | ₹168.50 | ₹262.50 |
Patel Engineering Share Price Target 2035
The 2035 price target may fall between ₹205.00 and ₹320.50. The company could see long-term growth from its strong order book and strategic positioning in large-scale national projects.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2035 | ₹205.00 | ₹320.50 |
Patel Engineering Share Price Target 2040
By 2040, the share price may range between ₹285.80 and ₹447.10. Growing investment in renewable energy and continued focus on hydropower projects may drive this future growth.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2040 | ₹285.80 | ₹447.10 |
Patel Engineering Share Price Target 2045
In 2045, Patel Engineering stock price could range from ₹396.00 to ₹619.50. A focus on technological advancements in tunneling and large-scale infrastructure projects could support this price increase.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2045 | ₹396.00 | ₹619.50 |
Patel Engineering Share Price Target 2050
By 2050, the share price may rise to between ₹540.00 and ₹845.00. Future growth could stem from the company’s leadership in hydropower and long-term expansion into global infrastructure markets.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2050 | ₹540.00 | ₹845.00 |
Patel Engineering Monthly Share Price Target 2024
For 2024, Patel Engineering’s monthly share price could range between ₹50.40 and ₹67.70. This growth is expected due to the company’s major infrastructure projects.
| Month | Minimum Target | Maximum Target |
|---|---|---|
| October | ₹50.40 | ₹64.10 |
| November | ₹52.00 | ₹65.90 |
| December | ₹53.60 | ₹67.70 |
Patel Engineering Monthly Share Price Target 2025
For 2025, Patel Engineering’s monthly share price could range between ₹55.10 and ₹90.50. Major investments in renewable energy projects could drive this growth.
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹55.10 | ₹69.40 |
| February | ₹56.80 | ₹71.40 |
| March | ₹58.50 | ₹73.30 |
| April | ₹60.10 | ₹75.10 |
| May | ₹61.80 | ₹77.00 |
| June | ₹63.50 | ₹78.90 |
| July | ₹65.20 | ₹80.90 |
| August | ₹66.90 | ₹82.80 |
| September | ₹68.60 | ₹84.70 |
| October | ₹70.30 | ₹86.60 |
| November | ₹72.00 | ₹88.50 |
| December | ₹73.80 | ₹90.50 |
Patel Engineering Monthly Share Price Target 2026
For 2026, Patel Engineering monthly share price could range between ₹75.40 and ₹113.50. This could result from strong growth in hydropower and infrastructure projects.
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹75.40 | ₹92.30 |
| February | ₹77.10 | ₹94.20 |
| March | ₹78.80 | ₹96.10 |
| April | ₹80.50 | ₹98.00 |
| May | ₹82.20 | ₹99.90 |
| June | ₹83.90 | ₹101.90 |
| July | ₹85.60 | ₹103.80 |
| August | ₹87.40 | ₹105.80 |
| September | ₹89.10 | ₹107.70 |
| October | ₹90.80 | ₹109.60 |
| November | ₹92.50 | ₹111.50 |
| December | ₹94.20 | ₹113.50 |
Patel Engineering Monthly Share Price Target 2027
For 2027, Patel Engineering monthly share price is expected to range between ₹96.00 and ₹136.80. The company’s projects in irrigation and civil engineering are likely to drive this growth.
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹96.00 | ₹115.40 |
| February | ₹97.70 | ₹117.40 |
| March | ₹99.50 | ₹119.30 |
| April | ₹101.20 | ₹121.20 |
| May | ₹103.00 | ₹123.10 |
| June | ₹104.80 | ₹125.10 |
| July | ₹106.60 | ₹127.00 |
| August | ₹108.40 | ₹129.00 |
| September | ₹110.20 | ₹130.90 |
| October | ₹112.00 | ₹132.90 |
| November | ₹113.80 | ₹134.80 |
| December | ₹115.60 | ₹136.80 |
Patel Engineering Monthly Share Price Target 2028
For 2028, Patel Engineering’s monthly share price is expected to range between ₹117.50 and ₹160.70. Expanding infrastructure projects and international contracts are likely to drive this increase.
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹117.50 | ₹138.80 |
| February | ₹119.30 | ₹140.80 |
| March | ₹121.10 | ₹142.80 |
| April | ₹122.90 | ₹144.70 |
| May | ₹124.70 | ₹146.70 |
| June | ₹126.60 | ₹148.70 |
| July | ₹128.40 | ₹150.70 |
| August | ₹130.30 | ₹152.70 |
| September | ₹132.10 | ₹154.70 |
| October | ₹134.00 | ₹156.70 |
| November | ₹135.80 | ₹158.70 |
| December | ₹137.70 | ₹160.70 |
Patel Engineering Monthly Share Price Target 2029
For 2029, Patel Engineering monthly share price is expected to range between ₹139.60 and ₹184.90. New contracts in hydropower and public sector projects are likely to drive this increase.
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹139.60 | ₹162.70 |
| February | ₹141.50 | ₹164.70 |
| March | ₹143.40 | ₹166.70 |
| April | ₹145.30 | ₹168.70 |
| May | ₹147.20 | ₹170.70 |
| June | ₹149.10 | ₹172.70 |
| July | ₹151.00 | ₹174.70 |
| August | ₹152.90 | ₹176.80 |
| September | ₹154.80 | ₹178.80 |
| October | ₹156.70 | ₹180.80 |
| November | ₹158.60 | ₹182.80 |
| December | ₹160.60 | ₹184.90 |
Patel Engineering Monthly Share Price Target 2030
For 2030, Patel Engineering’s monthly share price is expected to range between ₹162.50 and ₹209.40. This growth is likely to be driven by large-scale infrastructure projects and rising demand for renewable energy.
| Month | Minimum Target | Maximum Target |
|---|---|---|
| January | ₹162.50 | ₹186.90 |
| February | ₹164.50 | ₹189.00 |
| March | ₹166.40 | ₹191.00 |
| April | ₹168.40 | ₹193.00 |
| May | ₹170.40 | ₹195.10 |
| June | ₹172.30 | ₹197.10 |
| July | ₹174.30 | ₹199.10 |
| August | ₹176.30 | ₹201.20 |
| September | ₹178.30 | ₹203.20 |
| October | ₹180.30 | ₹205.30 |
| November | ₹182.30 | ₹207.40 |
| December | ₹184.30 | ₹209.40 |
Patel Engineering Share Price Growth from recent Year to 2050
| Year | Percentage Growth |
|---|---|
| 2024 | 20.89% |
| 2025 | 61.61% |
| 2026 | 102.68% |
| 2027 | 144.29% |
| 2028 | 186.96% |
| 2029 | 230.17% |
| 2030 | 273.93% |
| 2032 | 368.75% |
| 2035 | 472.32% |
| 2040 | 698.39% |
| 2045 | 1006.25% |
| 2050 | 1408.92% |
Latest Report of Patel Engineering
| Order book value | ₹1,86,630 crore |
| Revenue in FY24 | ₹4,544.10 crore |
| Operating EBITDA | ₹690.29 crore |
| Net profit in FY24 | ₹264.10 crore |
| Total projects | 49 projects |
| Hydro projects | 15 projects, ₹11,550.6 crore |
| Irrigation projects | 18 projects, ₹3,915.6 crore |
| Tunnel projects | 6 projects, ₹2,004.9 crore |
| Roads projects | 5 projects, ₹513.2 crore |
| Employees | 4,580 permanent, 12,514 total |
| Domestic presence | 15 states |
| International presence | 2 projects in Nepal |
| Large hydro projects | Involved in 8,000 MW construction |
Future Plans of Patel Engineering
| Future Plan Type | Details |
|---|---|
| Hydropower growth | Targeting 50% renewable energy by 2030 |
| Ongoing hydro projects | 8,000 MW currently under construction |
| Irrigation projects | Significant investment in irrigation |
| Tunnel projects | Expanding tunnel infrastructure |
| Renewable energy focus | PSP projects to address energy needs |
| Infrastructure plans | Plan to double company size in 5 years |
Expert’s Opinion
Based on the data from the tables, Patel Engineering has a promising future. The company’s stock price is expected to rise steadily due to its involvement in key projects.
Experts believe that the share price could benefit from the company’s focus on infrastructure, renewable energy, and tunneling.
In the coming years, Patel Engineering’s strategic projects may lead to consistent price growth. With new contracts and government support, experts see potential for long-term gains.
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My Opinion
Based on my experience, I believe Patel Engineering has strong potential for future growth. The company’s involvement in key infrastructure projects, including hydropower and tunneling, will likely drive its stock price higher in the coming years.
I expect demand for renewable energy and large-scale civil projects to continue increasing. Patel Engineering is well-positioned to benefit from government infrastructure initiatives, which could lead to consistent revenue growth.
If the company maintains its current focus on expanding its project portfolio, it may see steady long-term gains.
In my view, the combination of strategic contracts and ongoing sector growth will support its stock price targets over the next few decades.
FAQs
Is Patel Engineering a good stock to buy in 2024?
With a price target of ₹67.70 for 2024, Patel Engineering is considered a solid buy by experts.
How much could Patel Engineering stock grow by 2025?
By 2025, Patel Engineering stock could grow to ₹90.50 based on expert targets.
What is Patel Engineering share price target for 2024?
Patel Engineering share price is expected to hit ₹67.70 in 2024.
What is Patel Engineering share price target for 2027?
Patel Engineering is projected to hit ₹136.80 by 2027 according to expert targets.
What is the expected price of Patel Engineering in 2030?
Patel Engineering is likely to reach ₹209.40 by 2030 based on current targets.
Can Patel Engineering stock reach ₹200 by 2035?
Yes, Patel Engineering stock is projected to reach ₹320.50 by 2035.
Could Patel Engineering share price triple by 2040?
Yes, Patel Engineering could triple its price and reach ₹447.10 by 2040.
Will Patel Engineering stock price cross ₹500 before 2045?
Yes, Patel Engineering stock could exceed ₹500 before 2045 with a projection of ₹619.50.
What is the long-term share price target for Patel Engineering?
By 2050, Patel Engineering share price could hit ₹845.00 as per experts.
What are experts saying about Patel Engineering stock price growth?
Experts predict steady growth for Patel Engineering due to its involvement in infrastructure projects.
What makes Patel Engineering a strong investment for 2030?
Patel Engineering’s involvement in hydropower and large-scale infrastructure projects makes it a strong investment for 2030 with a target of ₹209.40.
What are the risks of investing in Patel Engineering?
While showing strong growth potential, market fluctuations and regulatory changes in the infrastructure sector could pose risks for Patel Engineering.
How is Patel Engineering planning to achieve its growth targets?
Patel Engineering’s growth plan involves expanding its project portfolio and increasing its presence in renewable energy projects.
Can Patel Engineering stock hit ₹1000?
While experts predict consistent growth, Patel Engineering stock could reach ₹845.00 by 2050.
Why should you invest in Patel Engineering long term?
Patel Engineering’s focus on large-scale projects and consistent growth targets make it a good long-term investment.
Is Patel Engineering stock suitable for low-risk investors?
Yes, Patel Engineering’s consistent growth and focus on infrastructure make it a good fit for low-risk investors.
How does Patel Engineering compare to other infrastructure stocks?
Patel Engineering ranks highly in the infrastructure sector with strong growth potential.
Disclaimer: This information is not financial advice. Stock price targets may change based on market trends. Please research or consult a financial advisor before investing.
