Data Patterns (India) Ltd. experienced a substantial boost to its share price on Friday, August 21, 2026, as the defense electronics company announced a new order worth Rs 585.76 crore from Bharat Electronics Limited. The news sent the stock soaring by up to 6.4%, reaching an all-time high of Rs 5,000 per share, up from its previous close of Rs 4,698.25.
New Order Bolsters Order Book
The newly secured contract is specifically for the supply of radar electronics, further strengthening Data Patterns' already impressive order pipeline. As of July 30, the company's total order book stood at Rs 2,654 crore, with this latest win significantly adding to that figure. Data Patterns confirmed that the transaction is not a related-party transaction and no promoter or promoter-group interests are involved from Bharat Electronics.
Market Performance and Technical Indicators
Following the announcement, Data Patterns' market capitalization climbed to Rs 27,020 crore. Although the stock touched Rs 5,000 during intraday trading, it closed 3% higher at Rs 4,826.40. The company's shares have shown strong performance, rising 85% in 2026 alone and achieving a 103% gain over the past three years. This marks a significant recovery from its 52-week low of Rs 2,131, recorded on January 27, 2026.
From a technical perspective, the Relative Strength Index (RSI) for Data Patterns stands at 58.6, indicating that the stock is neither oversold nor overbought. Furthermore, the stock is trading above its 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day moving averages, suggesting a bullish sentiment among investors.
About Data Patterns (India) Limited
Data Patterns (India) Limited is an India-based, vertically integrated provider of defense and aerospace electronics solutions. The company specializes in catering to the indigenously developed defense products industry. Its diverse portfolio includes COTS (Commercial Off-The-Shelf) Boards, ATE (Automatic Test Equipment) and Test systems, Space Systems, and Radio Frequency and Microwave technologies. Data Patterns designs COTS module products tailored for rugged applications and automatic test equipment platforms, playing a crucial role in India's defense sector.