Data Patterns (India) Ltd's Stock Sees -6.26% Decline, MarketsMOJO Gives 'Hold' Call.

Data Patterns (India) Ltd, a midcap IT software company, saw a decline of -6.26% in its stock price on August 5th, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Hold' call for the stock. The stock opened with a loss of -4.49% and touched an intraday low of Rs 2975 (-5.91%). It has been losing for the last 5 days and has fallen -10.92% in this period. The stock has also been highly volatile today with an intraday volatility of 78.48%. Despite the recent decline, Data Patterns (India) Ltd's stock is still higher than its 100 day and 200 day moving averages. However, it is lower than its 5 day, 20 day, and 50 day moving averages. In comparison to the Sensex, Data Patterns (India) Ltd's stock has underperformed with a -6.11% return in the last 1 day and a -12.47% return in the last 1 month, while the Sensex has only seen a -2.08% and -0.87% return, respectively. Investors are advised to hold onto their positions in Data Patterns (India) Ltd for now, as the stock continues to show volatility and underperformance in the market.