Data Patterns Experiences Surge in Trading Activity Amid Sector Outperformance

Data Patterns (India) Ltd, a mid-cap player in the IT software industry, has emerged as one of the most active equities today, with a total traded volume of 2,223,691 shares and a total traded value of approximately Rs 40.89 crore. The stock opened at Rs 1,694.60 and reached a day high of Rs 1,888.00, reflecting a notable intraday increase of 12.49%. The last traded price stands at Rs 1,866.70, marking a 12.43% return for the day, significantly outperforming its sector, which recorded a 1.38% return.
Over the past two days, Data Patterns has shown a consecutive gain, accumulating a total return of 16.11%. The stock has traded within a wide range of Rs 197.40 today, indicating active market participation. However, there has been a decline in investor participation, with delivery volume dropping by 32.91% compared to the five-day average.

In terms of moving averages, the stock is currently above its 5-day, 20-day, and 50-day averages but remains below the 100-day and 200-day averages. With a market capitalization of Rs 10,587.13 crore, Data Patterns continues to demonstrate significant activity in the market. Overall, the stock's performance today highlights its dynamic position within the IT software sector.