Jefferies sees 63% upside for Data Patterns in upside case
In short
Jefferies says Data Patterns could rise 63% from current levels to ₹6,160 in its upside case.
The firm expects this if defence orders speed up and more proposals get cleared and tenders are floated soon, according to CNBC TV18 Market.
What the reporting says
Jefferies’ upside scenario puts Data Patterns at a 63% rise from current levels to ₹6,160 if defence orders accelerate and more proposals are cleared and tenders are floated soon. The CNBC TV18 Market summary links the call to expectations of faster order flow in the defence segment. The brief points to a bullish valuation case despite weak Q2 results.
Why it matters
Jefferies’ upside case for Data Patterns ties a potential 63% share-price rise to faster defence order flow, more proposal clearances and new tenders. The CNBC TV18 Market summary gives the target at ₹6,160 and links the view to the defence order pipeline. This matters for Data Patterns investors and for the defence-linked stock segment, where future contracts can drive sentiment and valuation.