Data Patterns has jumped four-fold since its IPO in Dec 2021. In the last one month, the stock has corrected from around Rs 2,500 to Rs 2,029 apiece. It is now trading at 40 times its estimated fiscal 2025 earnings, which is reasonable.
This would mean that the FPIs are now barred from selling or buying any new securities.
The fertiliser and nutrient segment saw a healthy 2.4 percent uptick in the margins.
eClerx's EBITDA margins in the fourth quarter of FY16 rose 480 basis points to 41 percent quarter-on-quarter owing to the depreciation of the Indian rupee.