Data Patterns gains on bagging order worth Rs 27 crore from DRDO

Data Patterns (India) is currently trading at Rs. 790.50, up by 6.75 points or 0.86% from its previous closing of Rs. 783.75 on the BSE.

Data Patterns
Data Patterns

The scrip opened at Rs. 789.00 and has touched a high and low of Rs. 800.90 and Rs. 784.10 respectively. So far 21167 shares were traded on the counter.

Data Patterns The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 864.00 on 24-Dec-2021 and a 52 week low of Rs. 702.55 on 28-Dec-2021.

Last one week high and low of the scrip stood at Rs. 834.15 and Rs. 742.75 respectively. The current market cap of the company is Rs. 4066.62 crore.

The promoters holding in the company stood at 70.40%, while Institutions and Non-Institutions held 19.64% and 9.96% respectively.

Data Patterns (India) has received a development order worth Rs 27 crore from Defence Research and Development Organization (DRDO) for the next generation wide band RF front end units for Electronic Warfare (EW) receivers.

This is for a new program which will allow next generation wide band EW receivers to be configured for Naval, Land and Aerial platforms. The wide band RF front ends allow faster scanning of enemy emitters to enable better electronic intelligence with enhanced detection and avoidance.

The specifications not only allow faster scan rate but also better dynamic range providing better detection. This contract enhances the continuing leadership of Data Patterns in home grown EW market with EW products comparable to international specifications.

Data Patterns is a vertically integrated defence and aerospace electronics solutions provider that caters to requirements across space, air, land and the sea. Its core competencies include design and development across electronic hardware, software, firmware, mechanical, product prototype besides its testing, validation and verification.