Data Patterns (India) Experiences Notable Revision in Stock Evaluation Amid Market Challenges
Data Patterns (India) has recently undergone a revision in its score following a challenging period marked by a notable decline. The stock has faced consecutive losses, underperforming its sector significantly. Amid these difficulties, it has been added to MarketsMojo's list, prompting interest from investors regarding its future performance.
Data Patterns (India), a midcap player in the IT software industry, has recently experienced a notable adjustment in its evaluation. The stock has faced a challenging period, with a decline of 5.52% recorded on January 6, 2025. This downturn has placed the company under significant pressure, as it underperformed its sector by 4.92% on the same day.Over the past three days, Data Patterns has seen a consecutive fall, accumulating a total decline of 5.8%. The stock reached an intraday low of Rs 2351.75, reflecting a drop of 5.33%. Furthermore, the company's performance has been consistently below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.
In light of these developments, Data Patterns has been added to MarketsMOJO's list, signaling a revision in its score. Investors and market watchers will be keen to observe how the company navigates these challenges in the coming days.
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