IPO came at Rs 585, shares crossed 2300 just 2 years ago

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Shares of aerospace and defense-related company Data Patterns rose nearly 10% on Monday to Rs. closed at 2368.35. In less than two years, the shares of the company rose to Rs. 585 to Rs. 2300 have been done. Data Patterns shares have returned investors as much as 300% in less than 2 years. The company’s stock has a 52-week high of Rs 2412.85.

The price band of the IPO is Rs. 555-585, now the share is Rs. has crossed 2,300.
The Data Patterns IPO opened for subscription on 14 December 2021 and remained open till 16 December. The company’s IPO price band is Rs. 555-585 was. Shares of Data Patterns in the IPO were priced at Rs. 585 were allotted. Shares of Data Patterns were listed at Rs 864 on the BSE. On 21 August 2023, the company’s shares on BSE were trading at Rs. closed at 2368.35. Data Patterns’ IPO was subscribed about 120 times.

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300% return in less than 2 years
Shares of Data Patterns at Rs. 585 was allotted and now Rs. 2368.35 has been reached. The company’s stock has returned 300% in less than 2 years. At the same time, the company’s shares have returned 183% over the past one year. Shares of Data Patterns closed at Rs.838.70 on BSE on August 22, 2022, and closed at Rs.2368.35 on BSE on August 21, 2023. At the same time, shares of Data Patterns are up 113% so far this year. While the company’s shares have climbed 83% in the last 6 months.

Also Read- Foreign Investors Were Favorable On This Stock, Bought 1.65 Lakh Shares, Placed On Upper Circuit

Disclaimer: The information provided here is only about stock performance and does not constitute investment advice. Investing in the stock market is subject to risk and you should consult your advisor before investing.

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