Shares of Data Patterns (India) Ltd, Housing and Urban Development Corporation Ltd (HUDCO), and Muthoot Finance Ltd experienced significant declines on Friday, with some stocks falling as much as 11%. This sharp market reaction primarily stemmed from the Q4 financial results each company submitted to exchanges after market close on Thursday.
Data Patterns Faces Revenue Dip
Data Patterns (India) Ltd, a provider of defence electronics solutions, saw its shares decline nearly 11% in early trade, hitting a day's low of Rs 3,566.25 on the BSE. The stock later pared some losses, trading 3.22% lower at Rs 3,880 apiece in afternoon trade.
The company's investor presentation revealed a hit to its top line, with revenue from operations declining 12.94% year-on-year (YoY) to Rs 344.9 crore in Q4 FY26, down from Rs 396.2 crore in Q4 FY25. This revenue dip appears to be the primary driver behind the negative investor sentiment.
HUDCO's Profit Soars, Yet Shares Fall
Despite reporting a remarkable financial performance, HUDCO's shares were trading 7.24% lower at Rs 207.50 in afternoon trade. The company's consolidated net profit for Q4 FY26 skyrocketed an impressive 172.25% YoY to Rs 1,981.31 crore, a substantial increase from Rs 727.74 crore in the year-ago period.
The market's decision to sell off HUDCO shares despite such strong profit growth suggests investors may be reacting to other factors, possibly valuation concerns or broader market trends impacting the housing and urban development sector.
Muthoot Finance Plunges Despite Profit Surge
Similarly, gold loan major Muthoot Finance Ltd saw its stock plunge 7.05% to trade at Rs 3,280.10. This decline occurred even as the company reported a robust increase in its consolidated net profit for the March 2026 quarter.
Muthoot Finance's profit for the period surged 135.29% YoY to Rs 3,397.47 crore, up from Rs 1,443.93 crore in Q4 FY25. The discrepancy between strong earnings and a falling stock price indicates that market expectations or other macroeconomic factors might be influencing investor behavior beyond just the headline profit figures.