Shares of Data Patterns (India) rose nearly 9 percent on Monday, November 9, even as the defence major posted weak earnings in the second quarter of the financial year 2026-27 (Q2 FY27). The stock gained momentum as the company’s management expressed confidence in achieving its full-year targets, citing a healthy order book, strong order inflows, robust pipeline and expectations of continued progress in execution position in the second half of the financial year.
The company announced its earnings for September quarter of FY27 post-market hours on Friday.
Data Patterns (India) shares opened at Rs 3,674.95, on the BSE and rallied 8.9 percent to hit an intra-day high of Rs 4,002.50.
At around 12.35 pm, the stock was trading 7.65 percent higher at Rs 3,983.05.
Data Patterns’s consolidated net profit plunged 55.6 percent year-on-year to Rs 21.82 crore for Q2 FY27, compared to Rs 49.19 crore reported in the corresponding quarter of the previous fiscal year (Q2 FY26).