Latest news with #DataPatterns
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Business Standard
3 days ago
- Business
- Business Standard
Data Patterns share price rises 4% in flat market; what's boosting rally?
Data Patterns share price advanced 3.6 per cent in trade on Thursday, June 19, 2025, logging an intraday high at ₹3,115.40 per share on BSE. At 10:03 AM, Data Patterns shares were trading 3.14 per cent higher at ₹3,099.45 per share on the BSE. In comparison, the BSE Sensex was up 0.06 per cent at 81,491.16. The company's market capitalisation stood at ₹17,351.95 crore. Its 52-week high was at ₹3,654.75 per share and 52-week low was at ₹1,350.5 per share. Why are Data Patterns shares rising in a flat market? The rally in Data Patterns shares came after the company, post-market hours on Wednesday, informed that credit rating agency Crisil has upgraded its long-term bank facilities worth ₹775 crore rating to "A+" with a "stable" outlook which was earlier "A" with a "positive" outlook. However, Crisil reaffirmed an "A1" rating on short-term bank loans. Crisil's "A+/Stable" rating signifies that a company or financial institution has been assessed as having a strong ability to meet its financial obligations. A+ rating indicates that the company or entity has a strong capacity to meet its debt obligations and is considered relatively low risk from a credit perspective. "Stable" outlook means that Crisil expects the company to maintain its current credit profile in the near future, without significant changes. In Q4FY24, Data Patterns profit climbed 60.5 per cent year-on-year (Y-o-Y) to ₹114.1 crore, from ₹71.1 crore in Q4FY25. The revenue from operations, or topline, zoomed 117.3 per cent Y-o-Y to ₹396.2 crore in the March quarter of FY25, from ₹182.3 crore in the March quarter of FY24. About Data Patterns Data Patterns engages in the design and development of electronic hardware, software, firmware, mechanical systems, and product prototypes, along with testing, validation, and verification services. The company's expertise spans a wide range of defence and aerospace technologies, including radars, electronic warfare systems, communications, avionics, small satellites, automated test equipment, and COTS solutions. Data Patterns is actively involved in key defence programs such as the Tejas Light Combat Aircraft, Light Utility Helicopter, BrahMos missile, and various communication and electronic intelligence systems. It collaborates closely with major defence PSUs like Hindustan Aeronautics Ltd (HAL) and Bharat Electronics Ltd (BEL), as well as key government agencies such as DRDO and ISRO involved in defence and space research.
Time of India
5 days ago
- Business
- Time of India
Defence stocks jump up to 3% amid rising Iran-Israel tensions, defence budget boost hopes
Defence stocks rallied up to 3% on Tuesday, in intraday trade amid rising geopolitical tensions between Iran and Israel, coupled with the hopes of an increased defence budget by the government. The heightened global uncertainty appears to have renewed investor interest in India's defence and aerospace segment, with several key stocks touching fresh day highs. Among the gainers, Data Patterns (India) shares surged the most, rising 3% to hit a high of Rs 3,049.50. It was followed by Bharat Dynamics Ltd (BDL) shares, which climbed 2.8% to touch Rs 1,940.70. BEML shares also witnessed strong momentum, gaining 2.2% to reach Rs 4,473.00. Meanwhile, Hindustan Aeronautics Ltd (HAL) shares rose 1.6% intraday, hitting Rs 5,130.50. The rise in these stocks may be attributed to the war tensions in the Middle East between Iran and Israel, as investors see potential in the sector along with an expectation of enhanced defence spending by the Indian government. Commenting on the recent spike in defence counters, Sankhanath Bandyopadhyay, Economist at Infomerics Valuation and Ratings, also said, 'Defence stocks look promising due to the ongoing geopolitical tussle between Iran and Israel. Moreover, the Indian government is likely to enhance defence spending from the current 2% of GDP to 3–4% over the next decade.' He added that with the government targeting Rs 25,000 crore in defence exports by 2025–26, the outlook for export-driven defence stocks remains strong. Also read: Nifty Internet index outperforms peers with 19% returns since Feb launch. Is the dotcom boom here to stay? 'In the current scenario, geopolitical tensions will likely be lingering between different countries, especially as being reflected in rising tensions in the Middle East. Investors should carefully assess the financials and outlook of such stocks before investing, and there should be a judicious mix so that a healthy dividend can also be earned,' he advised.
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Business Standard
6 days ago
- Business
- Business Standard
HAL vs BEL: One defence stock that is a must-have in your portfolio
Technical charts show that HAL and BEL have zoomed around 1,000 per cent in little more than 5 years post a significant breakout on the monthly scale. Rex Cano Mumbai Listen to This Article Defence stocks are in a midst of a phenomenal run on the bourses, with the Nifty Defence index up a whopping 71 per cent in the last three-and-half months, i.e. since the end of February 2025. In comparison, the NSE benchmark - Nifty 50 index has advanced 11.7 per cent in the same period. Among individual defence shares, Garden Reach Shipbuilders & Engineers (GRSE) and Data Patterns (India) have more-than-doubled investors' wealth. GRSE has zoomed 144 per cent, and Data Patterns has vaulted 109 per cent. Bharat Dynamics, Solar Industries, Zen Technologies, Astra Microwave Products, Paras Defence and
Mint
10-06-2025
- Business
- Mint
From BEL, HAL to Mishra Dhatu Nigam— defence stocks surge amid reports of Indian Army to get ₹30,000 crore QRSAM boost
Several defence stocks, including BEL, HAL and Mishra Dhatu Nigam, saw healthy gains in intraday trade on Tuesday, June 10, amid reports that the Indian Army is all set to get a ₹ 30,000 crore boost with a new surface-to-air missile system. The Nifty India Defence index rose by over a per cent during the session, with stocks such as Dynamatic Technologies, Data Patterns (India), Astra Microwave Products and DCX Systems, jumping 2-7 per cent. According to an ANI report, the Indian Army is all set to get a ₹ 30,000 crore boost with a new surface-to-air missile system, which the Defence Ministry could soon approve for acquisition. "The Defence Ministry is scheduled to take up the proposal for buying three regiments of the indigenous Quick Reaction Surface to Air Missile system (QRSAM) for the Army Air Defence for deployment along both western and northern borders," ANI reported, quoting defence officials saying so. The ANI report further added that the Army Air Defence is also getting a number of new radars, very short-range air defence systems, along with jammers and laser-based systems to deal with drones of Turkish and Chinese origin. Defence stocks have been on a solid uptrend in the wake of Operation Sindoor in May. Defence stocks such as Garden Reach Shipbuilders, Cochin Shipyard, Zen Technologies, BEML, Mishra Dhatu Nigam, Data Patterns, BDL and BEL have surged 25-80 per cent over the last one month. Stocks such as Solar Industries, MTAR Technologies, Mazagon Dock Shipbuilders, Dynamatic Tech, HAL, Cyient DLM and Paras Defence have jumped 10-25 per cent in the same period. Experts say defence stocks still remain long-term bets due to their solid growth prospects. However, due to the recent rise in stock prices, there could be intermittent profit booking. "Defence stocks have more steam left for the long term. There could be some profit booking now and then. The story is intact for the long term due to expectations of an increase in the defence budget. So, investors should remain invested for at least the next one to two years," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. Tapse recommends buying four defence stocks- Data Patterns, HAL, BEL and BEML- for the long term. He pointed out that the Defence Research and Development Organisation (DRDO) has transferred nine advanced defence technologies to ten public and private sector partners, which could benefit stocks like BEL and BEML. Read all market-related news here Read more stories by Nishant Kumar
Business Standard
20-05-2025
- Business
- Business Standard
Data Patterns (India) gains after Q4 PAT climbs 60% YoY; recommends final dividend of Rs 7.90/ share
Data Patterns (India) rallied 3.17% to Rs 2,960 after the company's standalone net profit surged 60.45% to Rs 114.08 crore in Q4 FY25 as against Rs 71.10 crore posted in Q4 FY24. The companys revenue from operations zoomed 117.35% YoY to Rs 396.21 crore in the quarter ended 31 March 2025. Profit before tax was at Rs 153.11 crore in the fourth quarter of FY25, up 60.62% from Rs 95.32 crore posted in the same period a year ago. The operational EBITDA soared by 60.75% to Rs 149.5 crore in Q4 FY25, compared to Rs 93 crore reported in Q4 FY24. As of 31 March 2025, the order book stood at Rs 729.84 crore. Including orders under negotiation that have since been converted into confirmed orders, the total order book amounts to Rs 860.47 crore. On full year basis, the company's consolidated net profit grew by 22.08% to Rs 221.81 crore on 36.27% increase in revenue from operations to Rs 708.35 crore in FY25 over FY24. Srinivasagopalan Rangarajan, chairman & managing director, Data Patterns (India) said, we are happy to have delivered an excellent growth in revenue while maintaining consistent bottom line performance. Quarter 4 results were on expected lines. EBITDA for the quarter and full year 2024-25 was also as per our guidance. This achievement underscores the strength of our strategy, execution capabilities and commitment to operational excellence. Looking ahead, we are optimistic about robust order inflows and remain confident in our ability to sustain this growth trajectory. Meanwhile, the companys board has recommended a final dividend of Rs 7.90 per equity share for the financial year 202425. The final dividend, if approved by the shareholders at the ensuing Annual General Meeting scheduled for Friday, 08 August 2025, will be paid on or before Saturday, 06 September 2025. Data Patterns core competencies include design and development across electronic hardware, software, firmware, mechanical, and product prototypes, besides testing, validation, and verification. Its involvement has been across radars, electronic warfare suites, communications, avionics, small satellites, automated test equipment, COTS, and programs catering to Tejas light combat aircraft, light utility helicopters, BrahMos, and other communication & electronic intelligence systems.
