Stock Report

Data Patterns India Ltd bags New Oder worth INR 27 crores

Posted On : 2022-01-20 17:08:20( TIMEZONE : IST )

Data Patterns India Ltd bags New Oder worth INR 27 crores

Data Patterns (India) Limited ("Data Patterns" or the "Company"), India's leading and vertically integrated Defence and Aerospace Electronics Solution Provider, has received a development order worth INR 27 Crores from Defence Research and Development Organisation ("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.

The Company has over 3 decades of experience in the defence and aerospace industry and has developed a wide range of EW receivers and Direction Finders including wide band Radar Warning Receivers, Electronic Intelligence (ELINT) Systems and Communication Intelligence (COMINT) Systems for air, land and sea platforms with DRDO. This contract enhances the continuing leadership of Data Patterns in home grown EW market with EW products comparable to international specifications.

Shares of Data Patterns India Limited was last trading in BSE at Rs. 783.75 as compared to the previous close of Rs. 793.85. The total number of shares traded during the day was 55234 in over 1873 trades.

The stock hit an intraday high of Rs. 805.95 and intraday low of 776.65. The net turnover during the day was Rs. 43422061.00.

Source : Equity Bulls


DataPatternsIndia OrderWin DRDO ElectronicWarfare