Data Patterns Sees Surge in Trading Activity Amid Market Resilience in Aerospace Sector
Data Patterns (India) Ltd, a key player in the Aerospace & Defense sector, has seen significant trading activity with 591,616 shares exchanged and a total value of approximately Rs 189.08 crores. Despite a slight decline, the stock remains above its moving averages, indicating a positive long-term trend and increased investor participation.
Data Patterns (India) Ltd, a prominent player in the Aerospace & Defense sector, has emerged as one of the most active equities today, with a total traded volume of 591,616 shares and a total traded value of approximately Rs 189.08 crores. The stock opened at Rs 3,200.0 and reached an intraday high of Rs 3,268.8, reflecting a 3.07% increase at its peak. However, it has experienced a decline, currently trading at Rs 3,136.5, marking a 0.99% decrease for the day.Despite this downturn, Data Patterns is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over the longer term. The stock has also seen a significant rise in investor participation, with delivery volume on June 5 reaching 778,000 shares, a 109.98% increase compared to the 5-day average.
In terms of liquidity, the stock remains accessible for trades, with a liquidity level based on 2% of the 5-day average traded value sufficient for a trade size of Rs 10.68 crores. Overall, while Data Patterns has underperformed its sector by 0.5% today, it continues to show resilience in its market position.
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