Defence Stock Expected to Report 72% Profit Growth in Q2 FY27: Check the Details
India, Nov. 5 -- The article outlines the Q2 results expectations of the company, which specializes in the design, development, and manufacturing of high-reliability electronic systems for air, land, sea, and space platforms.
With a market capitalization of around Rs 22 thousand crore, Data Patterns (India) Ltd's share was last trading at Rs 4,078 per share, down by 18.4 percent from its 52-week high. The stock of the company trades at an expensive P/E of 84.6x compared to the industry P/E.
One defence stock is expected to report nearly 72 percent year-on-year growth in adjusted net profit in Q2 FY27, according to Motilal Oswal's estimates. The brokerage also expects a recovery in revenue and a significant improvement in operating perf...
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