Why is Data Pattern falling/rising?

Aug 28 2025 11:01 PM IST
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As of 28-Aug, Data Patterns (India) Ltd's stock price has declined to Rs 2,425.95, down 3.06% and underperforming its sector. The stock has fallen for four consecutive days, with a total weekly decline of 6.73%, reflecting weak investor confidence despite low debt and high institutional holdings.
As of 28-Aug, Data Patterns (India) Ltd is experiencing a decline in its stock price, currently at Rs 2,425.95, which reflects a decrease of Rs 76.6 or 3.06%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.73% over the past week. Additionally, the stock's performance today has underperformed its sector by 1.32%. The stock's intraday low reached Rs 2,418.3, indicating a significant drop. Despite having a low debt-to-equity ratio and high institutional holdings, which increased by 0.75% over the previous quarter, these factors have not been sufficient to counteract the recent negative price movement.

In the broader market context, Data Patterns' short-term performance has been notably worse than the benchmark Sensex, which has only declined by 2.34% over the same week. The stock's year-to-date performance shows a decline of 1.76%, contrasting with the Sensex's gain of 2.48%. The falling investor participation, evidenced by a 5.36% decrease in delivery volume compared to the five-day average, further indicates a lack of confidence among investors. Although the stock remains liquid enough for trading, the overall market sentiment appears to be weighing heavily on its price, contributing to the ongoing decline.
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