Data Patterns (India) Ltd's Stock Surges 5.17%, Outperforms Sector and Sensex

Data Patterns (India) Ltd, a midcap IT software company, has been making waves in the stock market with its recent performance. On March 27, 2024, the company's stock gained 5.17%, outperforming the sector by 5.11%. This positive trend has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

The stock's price summary shows that it has been on a consecutive gain for the last 2 days, with a rise of 6.23% in that period. It also touched an intraday high of Rs 2482, a 5.68% increase. The stock's moving averages are also looking promising, as they are higher than the 5-day, 50-day, 100-day, and 200-day moving averages, although lower than the 20-day moving average.

In comparison to the Sensex performance, Data Patterns (India) Ltd has outperformed with a 1-day performance of 5.15% versus Sensex's 0.90%. Even in the last month, the company's performance has been better than the Sensex, with a -3.07% return compared to Sensex's 0.04%.

Data Patterns (India) Ltd's recent performance and positive outlook make it a promising investment opportunity in the IT software industry. With a 'Buy' call from MarketsMOJO, investors can consider adding this midcap company to their portfolio.