Company updateFinancial Express
Data Patterns profit dives 56% but Jefferies sees 38% upside
Positive+7
GreyOak summary
Data Patterns reported a 56% year-on-year drop in net profit to Rs 21.82 crore for the September quarter. Despite missing estimates, Jefferies maintains a 'Buy' rating with a price target of Rs 5,545, citing a robust order book and export potential. The company expects to meet its FY27 revenue guidance of 20-25% growth.
What it affects
- Data Patterns (India)DATAPATTNSPositive +7
Profit fell 56% but Jefferies sees 38% upside.Rolling sentiment Neutral -10
Source
Read the original at Financial ExpressMore Data Patterns (India) news
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