Data Patterns downgraded to sell amid valuation concerns
after close1 source ↓written by the desknot a recommendation
- year-on-year growth
- 406.9%
- return stands
- 21.76%
- return
- 7.88%
Data Patterns (India) Ltd has been downgraded to sell due to technical weakness and valuation concerns. Despite reporting a profit after tax of ₹188.77 cr, a 406.9% year-on-year growth, and net sales of ₹803 cr, the company's stock has underperformed relative to broader market benchmarks. Its one-year return stands at 21.76%, compared to the 7.88% return of the Sensex.
Not investment advice. For informational purposes only.