Patel Engineering Ltd - Company Profile
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Patel Engineering Ltd (Patel Engineering) is a construction and civil engineering company. Focus on quality, cash position, and market position are the company’s major strength, even as its order book remains a cause for concern. Increasing demand for energy, expanding project portfolio in key sectors, and positive outlook for the Indian construction industry could offer new growth opportunities for the company. However, government contract compliance, stringent rules and regulations in India, and increase in minimum wages in India could affect the company’s performance.
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