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Umang Bhutada

23rd Aug · SEBI-Registered Analyst

Data Patterns: ₹585.76 Crore BEL Order and New High

Data Patterns (India) Ltd (

DATAPATTNS
) is in focus after receiving an order worth approximately ₹585.76 crore from Bharat Electronics Limited (BEL) for radar electronics systems. Key Points Order Value: ₹585.76 crore Customer: Bharat Electronics Limited Product: Radar electronics systems Stock Reaction: Positive Price Action: Stock moved towards the ₹5,000 mark The stock also touched a new high of ₹5,000 during Friday's trading session and has gained substantially from its January 2026 low. Technical View The move towards the ₹5,000 zone puts the stock in an important price-discovery phase. The key factor to monitor is whether the stock can sustain above the recent breakout area with continued participation. Alpha Insight A large defence order can act as a fundamental catalyst, but a new high becomes technically meaningful only when price sustains rather than simply spikes. For educational and informational purposes only. Not investment advice. UMANG RAJESH BHUTADA SEBI Registered Research Analyst Registration No. INH000023001 SEBI registration does not guarantee returns or profits.

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