India's Data Patterns jumps to record high

Data Patterns (India)

11/04/2023 10:23

** Shares of defence and aerospace solutions firm Data
Patterns (India) Ltd  DATP.NS  rise as much as 6.3% to a record
high of 1,574 rupees
    ** Stock hit its previous record high of 1,540 rupees on
Feb. 6
    ** DATP shares mark their biggest intraday pct gain since
Feb. 28
    ** Stock trading well above its 50-, 100-, and 200-day
simple moving average prices of 1,361.77 rupees, 1300.18 rupees
and 1,152.64 rupees
    ** Relative strength index (RSI) above 70, indicating it is
overbought
    ** More than 627,000 shares change hands by 2:52 p.m. IST,
marking their most active session since Feb. 6
    ** Stock currently up 5.2%, taking YTD gains to 42.2%


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))