PATELENG

March 20 (Reuters) - Patel Engineering PENG.NS:

• PATEL ENGINEERING LTD - RECEIVED LETTER OF AWARD FOR 2.31 BILLION RUPEES

• PATEL ENGINEERING - LOA TO CONSTRUCT TUNNELS FOR DORJILUNG PROJECT

Source text: ID:nBSE6D2J1m

Further company coverage: PENG.NS

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March 19 (Reuters) - Patel Engineering Ltd PENG.NS:

• RECEIVES LOA FOR RENUKA JI DAM PROJECT VALUED AT 9.10 BILLION RUPEES

Source text: ID:nBSE5HC1V8

Further company coverage: PENG.NS

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** Shares of India's Patel Engineering PENG.NS gain 2.08% to 28.51 rupees

** Co gets order worth 9.1 billion rupees ($100.05 million)from Himachal Pradesh Power Corporation Limited for construction of Renukaji Dam Project

** Co's joint venture also declared lowest bidder for 1.33 bln-rupee irrigation project from Maharashtra Krishna Valley Development Corp; co's share valued at 679.6 mln rupees

** Trading vols at 3.31 mln shares, about one-third of 30-day-avg trading vols of 9.93 mln shares

** PENG dropped about 43% in 2025; YTD, stock down 2.75%

($1 = 90.9570 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

Feb 23 (Reuters) - Patel Engineering Ltd PENG.NS:

• JV DECLARED LOWEST BIDDER FOR IRRIGATION PROJECT

• PROJECT VALUED AT 1.33 BILLION RUPEES

• CO'S SHARE IN CONTRACT IS 679.6 MLN RUPEES

Source text: ID:nnAZN4SHU4L

Further company coverage: PENG.NS

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Dec 18 (Reuters) - Patel Engineering Ltd PENG.NS:

• PATEL ENGINEERING LTD - SIGNS MOU FOR 144 MW GONGRI HYDROPOWER PROJECT

• PATEL ENGINEERING LTD - TOTAL PROJECT VALUED AT 17 BILLION RUPEES, COMPLETION IN 4 YEARS

Source text: ID:nBSE6vmpCS

Further company coverage: PENG.NS

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** Shares of Patel Engineering PENG.NS rise 5% to 38.3 rupees, their biggest intraday pct gain since mid-May

** Infrastructure developer's Q1 net PAT surges48% Y/Y, boosted by strong order wins, cost-cuttings; rev up 12%

** More than 8 mln shares traded, about 4 times the 30-day avg

** Stock down 26% YTD

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

July 3 (Reuters) - Patel Engineering Ltd PENG.NS:

• PATEL ENGINEERING LTD - APPROVES ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UP TO 2 BILLION RUPEES

Source text: ID:nBSE2m0TyS

Further company coverage: PENG.NS

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April 25 (Reuters) - Patel Engineering Ltd PENG.NS:

• DECLARED LOWEST BIDDER FOR HYDROPOWER PROJECT OF 7.18 BILLION RUPEES FROM NEEPCO

Source text: [ID:]

Further company coverage: PENG.NS

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Feb 18 (Reuters) - Patel Engineering Ltd PENG.NS:

• IN JV DECLARED LOWEST BIDDER FOR 10.90 BILLION RUPEES PROJECT

• CO SHARE IN CONTRACT IS 2.18 BILLION RUPEES

Source text: ID:nBSE3RxXlp

Further company coverage: PENG.NS

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Feb 12 (Reuters) - Patel Engineering Ltd PENG.NS:

• DEC-QUARTER CONSOL PROFIT 802.3 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.06 BILLION RUPEES

Source text: [ID:]

Further company coverage: PENG.NS

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Nov 29 (Reuters) - Patel Engineering Ltd PENG.NS:

• SUBSIDIARY PEL NIRMANA HAS BEEN INCORPORATED IN NEPAL

Source text: ID:nNSE8hSrKN

Further company coverage: PENG.NS

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Nov 13 (Reuters) - Patel Engineering Ltd PENG.NS:

• APPOINTS RAHUL AGARWAL AS CFO EFFECTIVE NOV 13, 2024

• PATEL ENGINEERING SEPT-QUARTER CONSOL PROFIT 733.6 MILLION RUPEES

• PATEL ENGINEERING SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 11.74 BILLION RUPEES

Source text: [ID:]

Further company coverage: PENG.NS

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** Shares of Patel Engineering PENG.NS climb 4% to 51.07 rupees

** Civil engineering firm approved sale of 9.99% stake worth 1 bln rupees ($11.9 mln) in Welspun Michigan Engineers to Welspun Enterprises WELS.NS

** Stock down 10% so far this month, on track for biggest monthly fall since March, if losses hold

($1 = 84.0550 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))

** Shares of Ircon International IRCN.NS and Patel Engeineering PENG.NS rise 0.9% and 4.4% respectively

** Ircon on Wednesday said it signed an MoU with Patel Engineering to explore infrastructure projects in India and overseas

** The companies did not disclose specifics of the MoU, including financial details

** More than 6.8 mln IRCN shares change hands, while around 6.7 mln PENG shares traded

** IRCN is up 31.2% YTD, while PENG is down 5.6%

(Reporting by Ashish Chandra in Bengaluru)

((ashish.chandra@thomsonreuters.com (+91 7982114624))

Oct 16 (Reuters) - Ircon International Ltd IRCN.NS:

• IRCON INTERNATIONAL LTD - SIGNED MEMORANDUM OF UNDERSTANDING WITH PATEL ENGINEERING

• IRCON INTERNATIONAL LTD - MOU TO EXPLORE VARIOUS INFRASTRUCTURE PROJECTS IN INDIA,OVERSEAS

Source text for Eikon: ID:nBSEGPQFg

Further company coverage: IRCN.NS

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** Shares of Patel Engineering PENG.NS rise as much as 5% to 60.40 rupees

** The civil engineering firm says it has been declared lowest bidder for a hydropower project of 2.4 bln rupees ($28.7 mln) from NHPC NHPC.NS

** Stock on track to snap three consecutive sessions of losses, if trend holds

** Stock last up 1.7%, cutting YTD losses to 2.6%

($1 = 83.5300 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

((ashish.chandra@thomsonreuters.com (+91 7982114624))

** Shares of dam-maker Patel Engineering PENG.NS rise 5.4% to 56.53 rupees, heads for best day in two weeks

** PENG signs deal with government-owned Rail Vikas Nigam RAIV.NS for hydro and infrastructure projects

** Shares of rail infrastructure developer RAIV up 0.9%

** RAIV set to end August with a decline, down ~3% after five months of gains

** PENG down about 5% for the month so far

** RAIV up 3.2X YTD, PENG down 6%

(Reporting by Varun Vyas in Bengaluru)

((varunvyas.hebbalalu@thomsonreuters.com))

** Shares of Patel Engineering PENG.NS jumped as much as 7.1% before trimming some gains, last up ~1% to 53.83 rupees

** The civil engineering firm, along with JV partner got project worth 3.18 bln rupees (nearly $38 mln), it did not provide details on the JV partner

** Project for supply of components to irrigation facility in the state of Maharashtra

** PENG's share in the project is worth 1.11 bln rupees; it got another contract with JV in January with PENG's share being 1.75 bln rupees

** Stock also up amid broader market rising .BO

** Including session's gains, stock trims loss to about 10%

($1 = 83.9267 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))

** Shares of Patel Engineering PENG.NS rise 10.3% to 63.2 rupees, their biggest intraday jump since Dec. 11, 2023

** Co on Saturday reported ~52% jump in Q4 profit, helped by strong order book

** Optimistic about sustaining profit growth in coming quarters - PENG

** Including day's gain, stock up 5% YTD, after surging nearly four-fold last year

(Reporting by Sethuraman NR in Bengaluru)

((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))

** Shares of Patel Engineering PENG.NS up 3.6% at 57.55 rupees

** PENG's JV emerges lowest bidder for 3.43 bln rupees ($41 mln) irrigation project from Maharashtra government

** Co's share in contract is 1.20 bln rupees

** Stock set to snap two-session losing streak

** PENG, however, down ~4% YTD after more than tripling in value in 2023

($1 = 83.5017 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)

((kashish.tandon@thomsonreuters.com))

May 7 (Reuters) - Patel Engineering Ltd PENG.NS:

• PATEL ENGINEERING - PATEL ENGINEERING IN JV DECLARED LOWEST (L1) FOR IRRIGATION PROJECT OF 3.43 BILLION RUPEES

Source text for Eikon: ID:nBSE4FKsSl

Further company coverage: PENG.NS

((Reuters.Briefs@thomsonreuters.com;;))

** Shares of Patel Engineering Ltd PENG.NS rise as much as 5.4% to 71.60 rupees

** Construction co receives letter of acceptance for contract worth 5.25 bln rupees ($63.4 mln), in collaboration with its JV partner

** Co's share in contract is 2.68 bln rupees

** Contract from Telangana govt for construction of protection wall, embankments along Munneru river

** Stock trading above its 200-day simple moving avg since April 25, 2023, when shares rose on block deal

** More than 3.3 mln shares traded as of 9:39 a.m. IST

** PENG last up 2.7%, adding to YTD gains of ~16%

($1 = 82.8675 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com;))

Jan 29 (Reuters) - Patel Engineering Ltd PENG.NS:

• CO IN JV BAGS IRRIGATION PROJECTS

• CO'S SHARE IN CONTRACT IS 1.75 BILLION RUPEES

Source text for Eikon: ID:nBSE3p7Svy

Further company coverage: PENG.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Patel Engineering PENG.NS rise as much as 7.65% to 64.75 rupees apiece

** The construction company receives favourable international arbitral tribunal order for wrongful termination and expropriation of lease of land to its subsidiary in Mauritius

** Tribunal awards company an amount worth $40.23 million (3.35 billion rupees) in the lease termination case

** Trading volume is 6.1 mln shares as of 10:41 a.m. IST, 0.7x the 30-day avg - LSEG data

(Reporting by Bharath Rajeswaran in Bengaluru)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))

** Shares of Patel Engineering PENG.NS up as much as 4.92% to 55.4 rupees

** Stock on track for second consecutive session of gains

** Infrastructure firm in joint venture declared lowest bidder for irrigation project worth 2.50 bln rupees ($30 mln)

** About 11 mln shares change hands as of 11:27 a.m. IST, 1.4x 30-day average

** Stock up more than 200% YTD as of last close

($1 = 83.0630 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))

Sept 5 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• RECEIVED LETTER OF ACCEPTANCE FOR NEW PROJECT

• RECEIVED LETTER OF ACCEPTANCE WORTH 12.75 BILLION RUPEES FOR NEW PROJECT

• CO IN JV WITH PATEL ENGINEERING RECEIVED LETTER OF ACCEPTANCE FOR NEW PROJECT

Source text for Eikon: ID:nBSE9wLsT

Further company coverage: DIBL.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of infrastructure firm Patel Engineering PENG.NS rise as much as 4.97% to hit upper circuit at 57 rupees

** Co said it has received letter of award from NHPC NHPC.NS, along with its joint venture (JV) partner, for Dibang multipurpose project

** Adds, being a 50% partner in the JV, its share in the project is 18.19 bln rupees ($220.24 million)

** Share price above 50-day, 100-day and 200-day exponential moving averages since Apr. 25, suggesting bullish trend

** More than 6.2 mln shares change hands by 9:53 a.m. IST, 1.1x 30-day avg

** Stock up 230.5% so far this year

($1 = 82.5900 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

((ashish.chandra@thomsonreuters.com (+91 7982114624))

** Shares of infra development co Dilip Buildcon DIBL.NS rise 3% to 313.95 rupees

** Co said it won order worth 12.75 bln rupees ($153.5 mln) from Madhya Pradesh Jal Nigam via its joint venture with Patel Engineering PENG.NS

** Over 790,000 shares change hands as of 12:09 p.m. IST, 0.3X the 30-day moving average

** Including day's move, stock up 42.2% YTD

($1 = 83.0440 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

((varunvyas.hebbalalu@thomsonreuters.com))

Patel Engineering Ltd PENG.NS:

• PATEL ENGINEERING LTD- RE- APPOINTMENT OF RUPEN PATEL AS CHAIRMAN , MD

Source text for Eikon: ID:nBSE4NBMQT

Further company coverage: PENG.NS

** Shares of Patel Engineering PENG.NS rise as much as 5% to a two-month high of 47.25 rupees

** Nearly 2 mln shares of the infrastructure firm change hands in two blocks, as of 12:20 p.m. IST, at a price between 43 rupees and 44.70 rupees

** Trading volume is 9.5 mln shares as of 12:20 p.m. IST, 2.5x the 30-day avg - Refinitiv data

** The relative strength index rises above 70, suggesting the stock may be overbought

** Including session's gains, stock has surged 171% in 2023 so far compared to a 9.2% gain for Nifty 50 .NSEI

(Reporting by Bharath Rajeswaran in Bengaluru)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))