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An announcement from Data Patterns (India) Limited ( (IN:DATAPATTNS) ) is now available.
Data Patterns (India) Limited has issued a clarification on a recently announced contract with the India Meteorological Department, correcting the previously stated figures for a Doppler Weather Radar supply order. The company now confirms it has secured a domestic order worth Rs.288 crore for the supply of 32 Doppler Weather Radars, rather than Rs.279 crore for 34 units as earlier communicated, with the contract having no related-party or promoter-group interest and execution to proceed as per agreed terms.
The revision underscores a modest upward adjustment in order value alongside a lower unit count, refining visibility on the company’s radar order book and reaffirming its role in critical weather infrastructure projects. For stakeholders, the clarified numbers provide more accurate insight into the scale and revenue potential of this significant domestic contract, which supports Data Patterns’ positioning in specialised radar solutions for government clients.
More about Data Patterns (India) Limited
Data Patterns (India) Limited is an Indian defence and aerospace electronics company that designs and manufactures high-reliability systems for strategic sectors. Its offerings include radar, electronic systems, and related solutions for government and institutional customers in the domestic market, particularly supporting specialised applications such as weather monitoring and surveillance.
Average Trading Volume: 54,005
Technical Sentiment Signal: Buy
Current Market Cap: 180B INR
See more insights into DATAPATTNS stock on TipRanks’ Stock Analysis page.