Data Patterns Faces Significant Stock Decline Amid Challenging Market Conditions

Feb 12 2025 10:05 AM IST
share
Share Via
Data Patterns (India), a midcap IT software firm, has seen its stock price decline significantly, reaching a new 52-week low. Over the past five days, the stock has dropped 17.6%, underperforming the broader market and indicating ongoing challenges in a competitive environment.
Data Patterns (India), a midcap player in the IT software industry, has experienced significant downward movement in its stock price today, declining by 5.36%. The stock reached a new 52-week low of Rs. 1664.45, reflecting a challenging trading environment. Over the past five days, Data Patterns has seen a cumulative drop of 17.6%, indicating a sustained period of underperformance.

In comparison to the broader market, Data Patterns underperformed the sector by 5.78% today, with its one-day performance at -5.41% against the Sensex's decline of 1.08%. The stock has also struggled over the past month, with a notable decrease of 25.52%, while the Sensex has only dipped by 2.47% during the same timeframe.

Technical indicators show that Data Patterns is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. This performance highlights the current challenges faced by the company in a competitive market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News