Data Patterns experienced a notable surge of over 8 percent in its share price compared to the previous year following a substantial transaction worth Rs 1,100 crore in a block deal on February 16.
Data Patterns shares were valued at Rs 1,972.20 on the NSE as a result of this activity. The block deal also triggered a significant increase in trading volumes, with 61 lakh shares exchanged thus far, significantly surpassing the one-month daily average of 1 lakh shares.
In this block deal, approximately 60 lakh shares of Data Patterns, which accounts for a 10.7 percent stake in the company, were traded.