Data Patterns, Archean Chemicals extend multi-day decline

Data Patterns, Archean Chemicals extend multi-day decline


Shares of Data Patterns and Archean Chemical Industries were among the top laggards on the Nifty Midcap and Nifty 500 indices during intraday trade on Tuesday, August 24.

Data Patterns fell over 4% intraday, while Archean Chemicals slipped up to 6%, before recovering from some of its losses.

Data Patterns

The stock extended its weekly decline, having fallen up to 4% over the past five trading sessions.

Despite the recent slide, Data Patterns remained in positive territory over the longer term. The shares had surged over 76% year-to-date and more than 79% over the trailing 12 months.

The company’s shares jumped over 6% on Friday, August 21, after Data Patterns announced it had bagged a ₹585.76 crore order from Bharat Electronics for radar electronics. A regulatory filing showed the company’s total order book stood at ₹2,654 crore as of 30 July, with received orders totalling ₹771.08 crore.

The stock had earlier come under pressure after Data Patterns reported weaker earnings for the quarter ended June 2026, with shares closing 4% lower the following day. Net profit fell 13.5% to ₹22.1 crore from ₹25.5 crore a year earlier. Revenue from operations rose 16.8% to ₹116 crore from ₹99.3 crore over the same period, with higher costs preventing the revenue growth from translating into stronger earnings.

Data Patterns is a Chennai-based, vertically integrated defence and aerospace electronics solutions provider, offering design, development and manufacturing services to the national defence sector.

Archean Chemicals

Archean Chemical Industries extended a five-day decline of over 5%.

The stock had fallen more than 12% year-to-date and plummeted over 29% over the trailing 12 months.

The company reported mixed earnings for the quarter ended June 2026. Revenue rose 13.38% to ₹315.93 crore from ₹278.63 crore a year earlier, while net profit declined 27.92% to ₹40.53 crore from ₹51.85 crore; a pattern similar to that seen at Data Patterns.

The stock traded barely 3.5% above its 52-week low of ₹483, hit during intraday trade.

Archean Chemicals is a Chennai-based manufacturer of chemicals, producing commodities including salt, bromine and sulphate of potash.



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