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Right time to Long (Datapattn)Must give space in your portfolio (10% to 20% in 20 days) Why ? Data Patterns (India) Ltd ABOUT Data Patterns (India) Limited is one of the fastest-growing companies in the Defence and Aerospace Electronics sector in India. It is among the few vertically integrated defence and aerospace electronics solutions providers catering to the indigenously developed defence products industry. It is focused on in-house development and manufacturing facilities led by innovation and design and development efforts. It is in the business for over 35 years. It has supplied products catering to all the platforms, viz., space, air, land and sea, including products for LCA-Tejas, LightUtility Helicopter, BrahMos missile. KEY POINTS Leading Defence Oriented Company Data Patterns cater to the entire spectrum of defence and aerospace platforms like space, air, land, sea and under-sea. It has design capabilities across the entire spectrum of strategic aerospace and defence electronics solutions including processors, power, radio frequency and microwave equipment, embedded software and firmware and mechanical engineering. Product Portfolio Radars, Underwater electronics/communications/other systems, Electronic warfare suite, BrahMos programme, Avionics, small satellites, ATE for defence and aerospace systems, Commercial off-the-shelf (COTS). Leading product of the company is Radar with 54% contribution to the revenue. Manufacturing Facilities Company's manufacturing facility spans across 200,000 sq. ft factory built on 8.56 acres of land in Chennai. It has facilities for design, manufacturing, qualification, and life cycle support of electronic systems used in defence and aerospace applications. The facility has EMS assembly capacity of 600 boards/day. The company has 1,130 employees with 700+ qualified engineers as on 31.3.23. They commissioned a New Manufacturing facility in Q4FY23. On-Going Projects The company is currently engaged in the supply of critical products to several prestigious defence projects in India, including the Light Combat Aircraft (LCA), the HAL Dhruv, Light Utility Helicopter (LUH) and the BrahMos missile programme, precision approach radars and various communications intelligence (COMINT) and electronic intelligence (ELINT) systems. Key Customers Bharat Electronics Ltd (BEL), Hindustan Aeronautics Limited (HAL), the Indian Space Research Organization (ISRO) and Defense Research and Development Organization (DRDO). DRDO contributed 42% of the total turnover. Dependent on GOI Entities The company’s business is dependent on projects and programmes undertaken by GOI and associated entities such as defence public sector undertakings and government organisations involved in space research and Supply of products to prestigious defence projects in India Like LCA, the HAL Dhruv, LUH and the BrahMos missile programme. Data Patterns derives a significant portion (~45-50%) of its total sales from contracts with GOI entities. Order Book As of FY23, company's order book stood at Rs. 924.1 Cr. vs Rs. 476 Cr in FY22.In FY23, company had the highest-ever order inflow of Rs. 901 crores. The company got additional orders from April- May 2023 worth Rs 83.9 cr. **Liquidity ** Company has Cash and cash equivalents Rs.682.5 Cr as of 31.3.23. IPO Details In FY22, company raised 588 cr. through an IPO of which Rs. 240 cr. was a fresh issue and the remaining 348 cr. was an offer for sale. The IPO proceeds were utilized for: 1. Expanding manufacturing and testing facilities in Chennai and enhancing system integration facility. Out of the total fund raised, 51.21 crores was unutilized as on March 31, 2023. Investment through QIP in FY23 Company is making large investments in product development in Satellite, Radar, Electronic Warfare and Communications. It has raised further funds of Rs 500 Cr. through QIP for development of these products. Initially, these products will be introduced in the domestic market.The Company has issued and allotted 4,097,319 equity shares through QIP at an issue price of Rs.1,220.31/- on March 13, 2023. Out of the proceeds, Rs.462.73 crs is unutilized as on March 31, 2023. Change in Statutory Auditors Deloitte Haskins & Sells LLP were appointed as the statutory auditors in place of M/s. R.G.N. Price & Co. Fees for FY24 was decided at Rs47 lakhs exclusive of taxes and other expenses. CAPEX FY23 Company added Rs. 74.47 Crores to their gross block with capital expenditure, including Right to the Assets (ROU) of Rs.47.22 Crores on building & lease, Rs.10.77 Crores on technology infra, Rs.16.48 Crores on physical infra and the balance Rs.1.03 Crores on intangible asset addition. If you make profit, don't forget me (+919955150786) Gift a pitza😎
NSE:DATAPATTNSLong
by InvestwithJohar
GMDC LTD for Swing / Positional GMDC LTD Prediction for Swing / Positional Trading First breakout at Entry 1 level. Second breakout at Entry 2 Level above 228. This entry 2 may be retest. you can entry now and more buy on retesting. Volume also supports the breakout. SLs- 208, 185 Targets- 270,350,485,700,… Intermediate Targets - 239,249,259,269,279,290,300,320,340,360,372,383,402,435,445,495,505,515,535,548,570,……. According to your “STOMACH” book your profit. Always maintain your risk management. Watch Carefully – The Chart Explains For Itself. Can anyone tell me which chat patterns are shown up here? Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Request: Please support by Like, follow, comment, share and boost. Happy trading. Always maintain your Risk Management. #TradingView #StockAnalysis #gmdc #TradeOpportunity About GMDC- Gujarat Mineral Development Corp. Ltd. (GMDC LTD) engages in the development of mineral resources. The firm operates through Mining and Power segments. Its products include lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. The company was founded on May 15, 1963 and is headquartered in Ahmedabad, India. You can follow me in social media through links given below-
NSE:GMDCLTDLong
by suraranjanganguli
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