Data Patterns (India) Ltd up by 11.24 percent | Espresso

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Espresso Shot of the Day - Data Patterns (India) Ltd up by 11.24 percent

January 30, 2023
Espresso Shot of the Day - Data Patterns (India) Ltd up by 11.24 percent

DATA PATTERNS (INDIA) LTD 1291.85 (+11.24%) BSE – INE0IX101010 | 30th January 2023

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Data Patterns, established in 1985, has since grown beyond being a simple boutique operator to a premium design, development and manufacturing house that provides safety and mission critical high reliability electronics in the defense, aerospace, and meteorological domains. With a wide offering, and significant storehouse of reusable technology, ranging from building blocks such as COTS boards and FPGAs, on to advanced Line Replaceable Units, and further to well-engineered systems, Data Patterns can crash design and supply times for quality advanced solutions. Data Patterns'? manufacturing and testing facilities have been built with the capability of handling a high complexity low to medium quantity production runs, typical of the high reliability electronics industry. Good practices, attention to detail, and a culture of building things 'first time right'? ensure consistent and continued performance of products in the field.

Recent Drivers

  • Data Patterns reported a quarterly net profit of Rs 33.32 crores in December 2022, up 271.87% from the Rs.8.96 crores in December 2021 on January 30,2023.
  • On January 30,2023, company reported net sale of Rs. 111.81 crores in December 2022, up 155.04% from the Rs. 43.84 crores in December 2021.
  • Chennai-headquartered Data Patterns, which manufactures mainly radars for Defense, will get into the manufacture of satellites too, the company’s chairman and managing director, S Rangarajan on December 12,2022. The company has won orders to build two deep-space surveillance radars from the Defense Research and Development Organization (DRDO), worth ?363 crore.
  • Data Patterns (India) Ltd is in talks with the Tatas to supply some of the equipment required for the C-295 Aircraft to be built by Tata-Airbus consortium in India. He added that the company has already started developing most of these products and will have fully-developed products in the next 8-9 months. 
  • The Board has recommended a final dividend of Rs 3.50/- per share on the fully paid-up Equity Shares of the Company. The ex-date for the same was September 29,2022.
       (Sources: BSE, Money control, Business Line)


Technical Force*

  • S&P BSE small cap month till date loss by 4.60%.
  • 3 months avg. NSE volume: 165,841
  • Quantity traded: 79,888| Deliverable quantity: 16,489 (20.64%)
  • Stock price jumped by more than 120 % from a one-year low level: 575 (Feb 24, 2022)
  • Daily RSI (14) is in oversold territory today.
  • 52-week-high: 1480| 52-week-low: 575.


Key Pivot (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

2435.47

1957.73

1530.47

1052.73

625.47

147.73

-

-

Fibonacci Pivot

1957.73

1612.02

1398.44

1260.88

1052.73

844.58

707.02

493.44

147.73


Today’s Close

1291.85

SMA

BSE

10 DAY

1231.14

20 DAY

1196.40

50 DAY

1228.96

200 DAY

1008.16


Some Key Ratios (Source: BSE)

Market Cap:  6,702.98 Crores

PE:  51.46

OPM%: 43.73

ROE%:  22.02

Promoters holding%: 45.76

Prev. Close:  1161.30


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The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Espresso Financial Services Pvt. Ltd bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Espresso Financial Services Pvt. Limited is under no obligation to update the information in this document from time-to-time.


Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.