Is Patel Engineering Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Patel Engineering Limited pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Monday 1st of October 2012 were paid INR0.20808 per share. Over the last 11 times between 2005 and 2012, Patel Engineering Limited has paid INR6.86888 with an average of INR0.62 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Patel Engineering Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR9.14, you would have made a profit of INR47.90 per share or 523.75%
Yes, the average daily trading liquidity for Patel Engineering Limited is INR10.22 million. You should therefore be able to get in and out of your positions relatively fast.
Patel Engineering Limited has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.25, the company's ability to pay off the debt is normal. Patel Engineering Limited has a good net profit margin of 6.39% and should have high tolerances against inflation.
We have calculated the inflation risk for Patel Engineering Limited to be low [0.4 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.