Shares of Data Patterns India gained 7% in early deals on Friday after global brokerage Goldman Sachs projected a 38% upside for the defence stock from its previous close. The brokerage assigned a price target of Rs 3,640 compared to the previous close of Rs 2629.55.

Data Patterns stock rose 6.84% today to Rs 2809.60 on BSE. Market cap of the firm climbed to Rs 15,552 crore. Advertisement

The stock has risen for the third straight session today.

Data Patterns shares have gained 22% in a year and risen 11.49% since the beginning of this year.

The stock has a one-year beta of 1.4, indicating average volatility during the period.

In terms of technicals, the relative strength index (RSI) of Data Patterns stands at 48.1, signaling neither the stock is overbought nor oversold. Data Patter

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