Patel Engineering stock up 3%; secures ₹133 cr irrigation project

Patel Engineering Ltd jumped 3% after being declared L1 by the Maharashtra Krishna Valley Development Corporation for a ₹133.25 crore Tasgaon Lift Irrigation project. PEL’s share is ₹67.96 crore, executing 51% of the joint venture over 48 months, covering headworks, pump houses, and allied civil, mechanical, and electrical works to irrigate 2,277 hectares across six villages in Satara District.