Data Patterns shares surge 55% in 2026: Should you buy stock after Q2 results? What brokerages say: check target price
New Delhi, Nov. 10 -- Data Patterns shares have surged nearly 55% in 2026 so far, with the defence electronics stock surging over 9% on Monday, 9 November, despite reporting a weak set of Q2 FY27 results. Strong order inflows and management's confidence in a better second half appear to have supported the stock's rally.
The company reported a 57% year-on-year drop in revenue to Rs.133 crore for the September quarter, while net profit declined 55% to Rs.22 crore. EBITDA margin, however, remained relatively stable at 23.3%.
The decline in revenue and profit was largely due to subdued execution during the quarter. However, a sharp increase in fresh orders provided some support. Data Patterns secured orders worth Rs.929.1 crore in Q2 FY27, ...
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