PA

PATELENG.BO

$26.48
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 2.74%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Patel Engineering Limited (PATELENG.BO) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$33.00
+24.6% · 1 analysts
Institutional own.
2.3%
of shares
NON-COMPLIANT
Sharia compliance
2.74%
Non-permissible income — HTR, from filings (2025-03-31)
$33.00
Price target (+24.6%) · 1 analysts
2.3%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. PATELENG.BO files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 46.28% 30.00% Fail
Interest-bearing investments 28.42% 30.00% Pass
Non-permissible income 2.74% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 13.08% 33.00% Pass
Interest-bearing investments 8.03% 33.00% Pass
Non-liquid assets 85.69% at least 20.00% Pass
Non-permissible income 2.74% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 13.08% 33.33% Pass
Cash + interest-bearing securities 8.03% 33.33% Pass
Accounts receivable 14.31% 33.33% Pass
Non-permissible income 2.74% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 13.08% 33.33% Pass
Cash + interest-bearing securities 8.03% 33.33% Pass
Accounts receivable 14.31% 50.00% Pass
Non-permissible income 2.74% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 36.48% 33.00% Fail
Cash + interest-bearing securities 22.40% 33.00% Pass
Accounts receivable 17.52% 33.00% Pass
Non-permissible income 2.74% 5.00% Pass

S&P Shariah Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 32.06% 33.00% Pass
Cash + interest-bearing securities 19.69% 49.00% Pass
Accounts receivable 15.39% 49.00% Pass
Non-permissible income 2.74% 5.00% Pass

MSCI M-Series Pass

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 32.06% 33.33% Pass
Cash + interest-bearing securities 19.69% 33.33% Pass
Accounts receivable 35.08% 49.00% Pass
Non-permissible income 2.74% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

40.7536.1231.4926.8622.232025-09-112026-03-132026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
26.02
S2
26.33
S1
26.69
PIVOT
27.00
R1
27.36
R2
27.67
R3
28.03

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
24.8976 29.3424
±8.19% from 27.12, made 2026-09-04 · resolves 2026-09-11
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21785 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)33.80NEUTRAL
Stochastic %K (14)13.64BUY
CCI (20)-167.16BUY
Williams %R (14)-86.36BUY
MACD (12,26,9)-0.11SELL
ROC (10)-7.38SELL
Momentum (10)-2.11SELL
EMA (10)27.33SELL
SMA (10)27.52SELL
EMA (20)27.80SELL
SMA (20)27.89SELL
EMA (30)28.14SELL
SMA (30)28.16SELL
EMA (50)28.51SELL
SMA (50)29.12SELL
EMA (100)28.85SELL
SMA (100)28.87SELL
EMA (200)29.90SELL
SMA (200)28.62SELL

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Patel Engineering Limited

Industrials · Engineering & Construction

Patel Engineering Limited, together with its subsidiaries, provides infrastructure and construction services in India and internationally. The company operates through EPC and Real Estate segments. It undertakes construction of dams, tunnels, micro-tunnels, hydroelectric, irrigation, highways, roads, bridges, railways, refinery, real estate, and township projects. The company is also involved in residential and commercial developments, including hospitals, hotels, government buildings, railway infrastructure, and water supply schemes. Patel Engineering Limited was incorporated in 1949 and is headquartered in Mumbai, India.

pateleng.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.