Data Patterns is a well-known company in defense and aerospace electronics solutions. The Data Patterns Share experienced a notable surge of over 9% to reach ₹2,035 on the NSE on Friday. The company shares closed at Rs. 2019.15 on the NSE.
The Data Patterns shares jump due to a block deal amounting to ₹1,100 crore, involving the trading of approximately 60 lakh shares, as reported by CNBC TV18. According to sources, a foreign entity, Mathew Cyriac’s Florintree Capital Partners, sold 10.71% of his entire stake in the company.
Over the past 12 months, Data Patterns shares have given more than 40% returns, and over the past 24 months, the company shares have given 198% returns to investors.
Data Patterns (India) Ltd. company is a key player in the defense and aerospace electronics solutions industry in India. The company has over 35 years of industry experience and focuses on in-house development and manufacturing.
The company has a diverse product portfolio and offers a diverse product portfolio for defense and aerospace platforms, including radars, underwater electronics, electronic warfare suites, and avionics. The radar sector contributes 54% to the company’s revenue.
Data Patterns operates from a 200,000-square-foot factory in Chennai, equipped for the design, manufacturing, qualification, and life-cycle support of electronic systems used in defense and aerospace applications. The company has a workforce of 1,130 employees, including 700+ qualified engineers.
Data Patterns supplies major products to prestigious defense projects in India, including the Light Combat Aircraft (LCA), HAL Dhruv, Light Utility Helicopter (LUH), and the BrahMos missile program. The company has key customers, including Bharat Electronics Ltd. (BEL), Hindustan Aeronautics Limited (HAL), the Indian Space Research Organization (ISRO), and the Defense Research and Development Organization (DRDO).
Furthermore, the company’s 45–50% of total sales come from contracts with GOI entities. In FY23, the company made significant investments in product development for satellites, radar, electronic warfare, and communications.
Management of Data Patterns (India) Ltd
Name
Designation
Srinivasagopalan Rangarajan
Chairman & Managing Director
K Vijay Ananth
Whole Time Director
Rekha Murthy Rangarajan
Whole Time Director
Prasad Raghava Menon
Ind. Non-Executive Director
Sastry Venkata Rama Vadlamani
Ind. Non-Executive Director
Mathew Cyriac
Non Exe. & Nominee Director
Sowmyan Ramakrishnan
Ind. Non-Executive Director
Anuradha Sharma
Ind. Non-Executive Director
Registered Address of Data Patterns (India) Ltd
Plot H9, 4th Main Road, SIPCOT IT Park, Siruseri,,Off Rajiv Gandhi Salai (OMR), Chennai (Madras) Tamil Nadu 603103
This is a comprehensive guide to Data Patterns (India) Ltd. The information and data mentioned above are as of February 16, 2024. These figures and projections are based on our research, analysis, company fundamentals and history, experiences, and numerous technical analyses. In addition, we have discussed in depth the share’s prospects and growth potential. Hopefully, these details will be useful in your future investments.
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