India, Jan. 20 -- This company is a value-focused retail supermarket chain serving tier-III cities and nearby suburban areas, offering food, FMCG, general merchandise, and apparel, and had its shares in momentum today after bagging the international orders.
With the market cap of Rs 680 crore, the shares of Patel Retail Ltd made a high at Rs 209.15 and hit 20% U.C. compared to its previous day's closing price of Rs 174.30 and are trading at a PE of 23, whereas its industry PE is at 43.8.
About the order
Patel Retail Limited has bagged an export order worth Rs 25 crores, and this is an obvious boost to their revenues in the short term. This is set to be executed within 45 days, and thus their effect on revenues would be more of a short-...
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