Data Patterns’ stock jumped over 2% after Nirmal Bang maintained its ‘Buy’ rating with a target price of ₹2,997, citing the company’s robust fundamentals and growth potential.
Analysts highlight Data Patterns’ strong in-house R&D capabilities and expertise in radar and electronic warfare systems, positioning it as a leader in the defense sector.
With a projected 19% CAGR in order book growth from FY25E to FY27E, Data Patterns is poised for steady demand and improved operational efficiency. The company aims to maintain operating margins of 35-40% over the next 2-3 years, ensuring a stable outlook. Investors are optimistic about the stock’s long-term growth potential, backed by consistent order inflows and deep sector knowledge.
Data Patterns (DPL) stock opened today at ₹2,544.80, with a high of ₹2,608.30 and a low of ₹2,543.50. Its 52-week high stands at ₹3,655.00, while the 52-week low is ₹1,751.00.
As of 9:45 am, Data Patterns shares were trading 2.68% higher at Rs 2,609.25 on the NSE.
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