Data Patterns (India) Ltd shows strong profitability growth, with positive outlook due to defense sector opportunities and competitive technology.

Broker’s call: Data Patterns (Sell)

Data Patterns (India) Limited, the Chennai-based Defense and Aerospace Electronics Systems provider, reported a 27% increase in net profit to ₹33 crore.

Data Patterns Q1 results: Net profit 27% to ₹33 cr.

Data Patterns (India) standalone net profit rises 26.95% in the June 2024 quarter

Data Patterns (India) Ltd, MSTC Ltd, PG Electroplast Ltd and Oil India Ltd are among the other gainers in the BSE’s ‘A’ group today, 25 July 2024.

MMTC Ltd leads gainers in ‘A’ group

Discover the top defence stocks to watch ahead of Budget 2024. With the government’s sustained focus on defence, stocks like HAL, BEML, Bharat Electronics, Mazagon Dock Shipbuilders, Bharat Dynamics, GRSE, Data Patterns, and Cochin Shipyard are set to gain momentum.

Defence Stock Picks Ahead of Budget 2024: Analysts’ Pick HAL, BEL, Azad Engineering, Others - News18

HCL Technologies, Data Patterns, and Shriram Finance announce July 23 for dividend eligibility. HCL Tech to pay Rs 12/share on August 1, 2024. Shares closed at Rs 1,594.35. Ex-dividend trading starts July 23. HCL declared 5 interim dividends totaling Rs 66 last year. Confirmed Q2 results. Other dividends include Goodyear Rs 15 and HIL Ltd Rs 22.5/share; T+1 framework.

HCL Technologies among 21 stocks to trade ex-dividend on Tuesday. Last date to buy today

Data Patterns (India) surged 7.11% to Rs 3429.45 after Defence Research & Development Organisation (DRDO) awarded the company a project for developing radar signal processor with active antenna array simulator.

Data Patterns soars after DRDO awards contract for developing radar signal processor

Data Patterns Q4 Results Review - Margin Expansion Drives Earnings Growth: Motilal Oswal

Here are the earnings estimates of major companies that are scheduled to announce their results on Saturday.

Data Patterns, Anupam Rasayan, Trident, Krsnaa Diagnostics Q4 Results Today — Earnings Estimates

It estimates a $100–120 billion domestic defence opportunity over five–six years and a 13% industry CAGR in fiscal 2023–30.

HAL To Data Patterns: Jefferies Bets On Defence As It Initiates Coverage

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Stocks To Watch: Paytm, LIC, Tata Power, Bajaj Auto, NTPC, PB Fintech, NHPC, Data Patterns, Crisil

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Data Patterns (India) Ltd is vertically integrated defence and aerospace electronics solutions provider. The Company manufactures electronic boards and systems. 