Patel Engineering drops after recent two session surge

Patel Engineering declined 5% on profit booking after a two day rally as metal sector sentiment weakened.

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Patel Engineering drops after recent two session surge

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Patel Engineering drops after recent two session surge
Patel Engineering declined 5% on profit booking after a two day rally as metal sector sentiment weakened.
Patel Engineering shares fell about 5% as investors booked profits following a sharp two day rally. Broader sentiment in metal and infrastructure names softened due to global cues. Traders noted slower momentum after earlier gains, while volumes stayed above average during the pullback as short term participants trimmed positions.
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