Data Patterns Faces Continued Decline Amid Broader Market Gains and Mixed Performance

Data Patterns (India) has experienced a notable decline of 5.0% on May 2, 2025, underperforming its sector by 6.14%. This marks the second consecutive day of losses for the midcap IT software company, with a total drop of 8.29% over this period. The stock reached an intraday low of Rs 2353.05, reflecting a decrease of 5.4% at its lowest point today.
Despite the recent downturn, Data Patterns is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed performance in the context of longer-term trends. Over the past week, the stock has shown a positive return of 14.40%, significantly outperforming the Sensex, which gained 2.41% during the same timeframe.

In terms of broader market activity, the Sensex rose sharply by 1.09% after a flat opening, climbing to 81,119.69 points. The mega-cap stocks have been leading this upward movement, contributing to the overall market momentum. However, Data Patterns' one-year performance remains negative at -19.77%, contrasting with the Sensex's gain of 8.72% over the same period.