The Hindu Business Line : Patel Engg: Realty to unlock value

According to analysts, the company's land bank is spread across Hyderabad, Mumbai, Bangalore, Maharashtra (Karjat, Panvel etc). In Mumbai alone, the company reportedly has rights to develop 0.7 million sq ft of commercial area at Jogeshwari.

This apart, a buoyant order book has ensured strong revenue visibility over the next few years for the company. The company's stock ended at Rs 428.20, down 6.15 per cent on the BSE on Tuesday.

Deeptha Rajkumar

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