Data Patterns Faces Sustained Downward Trend Amid Broader Market Challenges

Data Patterns (India), a midcap player in the IT software industry, has experienced significant volatility in its stock performance. On February 17, 2025, the stock declined by 5.05%, marking a notable underperformance compared to its sector, which saw a decline of 4.01%. The stock reached a new 52-week low of Rs. 1524 during the trading session, reflecting a broader trend of consecutive losses over the past eight days, during which it has fallen by 24.6%.
In terms of daily performance, Data Patterns touched an intraday low of Rs. 1524, representing a decrease of 5.17%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Over the past month, Data Patterns has seen a decline of 33.31%, contrasting sharply with the Sensex, which has only decreased by 1.10%. These metrics highlight the challenges facing Data Patterns (India) in the current market environment.