Data Patterns Shows Strong Performance Amid Positive Market Sentiment Shift

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 1,710,002 shares and a total traded value of approximately Rs 46.77 crores. The stock opened at Rs 2,657.9 and reached a day high of Rs 2,829.8, reflecting a notable intraday gain of 6.2%. The last traded price stood at Rs 2,823.0, marking a 6.69% return for the day, significantly outperforming the sector's return of 0.73% and the Sensex's return of 1.03%.
After experiencing two consecutive days of decline, Data Patterns has shown a trend reversal, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's liquidity remains robust, with a delivery volume of 615,000 shares on May 20, which is a 4.66% increase compared to the 5-day average delivery volume. With a market capitalization of Rs 15,765.65 crores, Data Patterns continues to demonstrate strong performance indicators within its industry. Overall, the stock's activity today reflects a positive shift in market sentiment.