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Stocks To Buy: The Defence Stock where Jefferies sees 47% upside despite weak Q2 results

Reported by: CNBC TV18 ·

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Data Patterns

Summary

CNBC TV18 published a Jefferies view on Data Patterns, a defence company, after its weak Q2 results. Q2 means the July to September quarter, the second quarter of India's financial year. This is the analyst's view, not Hypeless's.

AI summary of what CNBC TV18 reported. AI can make mistakes. Read the full story on CNBC TV18

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CNBC TV18  · · Tone 0

Stocks To Buy: The Defence Stock where Jefferies sees 47% upside despite weak Q2 results

In its "upside scenario" Jefferies expects the Data Patterns stock to rise 63% from current levels to ₹6,160 in case defence orders move at a faster pace with more proposals being cleared and tenders being floated in the…

Some headlines quote an analyst. Those views are theirs, not ours.

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  • Q2

    Revenue, profit, margins and EPS: what the numbers in a quarterly result mean, why year-on-year and quarter-on-quarter differ, and what a headline can leave out.

    Learn: How to read a company's results

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