Whalesbook
Patel Engineering shares surged nearly 5% on the BSE, reaching an intra-day high of ₹33.48. This rally follows the company's announcement of a Rights Issue Committee meeting scheduled for November 28, 2025, to finalize details for a ₹500 crore fundraising via a rights issue. The company's board had previously approved this plan on November 13, 2025, aiming to secure fresh capital for its infrastructure projects.