Data Patterns makes inventory sharing at a strong premium. Should you buy, sell or hold?

According to stock market experts, those who have invested in public issues for short term can retain their stop loss. 790 and maximize your listing premium. However, those who have medium term vision can hold the stock for the target of 3 months 999 whereas those who have a long-term horizon can hold the stock for 3 to 5 years. He said that fresh buyers can buy this stock around 740 level target for 3 months 999

Speaking on Data Patterns share value perspective; Ravi Singhal, Vice Chairman, GCL Securities said, “In view of the Make in India initiative, this defense stock is expected to remain on an upward trend. Data Pattern Allottees of shares are advised to hold the stock for the next 3 months target. Is. Keep depositing till it is 999 and above 666. Indeed Data Pattern Shareholders should maintain a trailing stop loss on 666 And Book Profit When Data Patterns Share Price Approaches 999.”

For new advisors, Ravi Singhal of GCL Securities says new investors should enter Maintain stop loss at 740 per share level 666 and book profit approx 999 levels. He advised Data Pattern shareholders that they should be able to approximate 740 if they have a time horizon of 3 months.

Advise the data pattern shareholders to hold for as long as possible; Santosh Meena, Head of Research, Swastika Investmart Ltd said, “For long term investors, Data Pattern stocks will be a money generator in the next 3-5 years, while short term investors are advised to keep their stop losses. 790 on closed basis. The company can grow faster and faster in the near future by taking advantage of the ‘Make in India’ initiative of the government.”

Founded by Srinivasagopalan Rangarajan and Rekha Murthy Rangarajan, Data Patterns is a vertically integrated defense and aerospace electronics solutions provider. It is backed by Matthew Siriak, the former head of Blackstone, through Florintry Capital Partners LLP, which holds a 12.8 percent stake in the company.

The data pattern works closely with defense PSUs such as Hindustan Aeronautics Limited and Bharat Electronics Limited as well as government organizations involved in defense and space research such as DRDO.

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.