Delphi World Money Hits 52-Week Low, Underperforms Sector by -4.97%

Mar 13 2024 11:35 AM IST
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Delphi World Money, a microcap finance company, has hit a 52-week low on March 13, 2024, with a consecutive fall of -11.19% in the past three days. The stock is currently trading below its moving averages and has been given a 'Strong Sell' call by MarketsMojo. The finance/NBFC sector has also seen a decline of -2.2%. In the past year, Delphi World Money has shown a negative performance of -19.82%, indicating a lag behind the overall market growth. Investors are advised to conduct their own research before making any investment decisions.

Delphi World Money, a microcap finance company, has recently hit a 52-week low on March 13, 2024. The stock has been on a downward trend for the past three days, with a consecutive fall of -11.19% during this period. Today, the stock underperformed the sector by -4.97%, with a new low of Rs. 223.2.

According to MarketsMOJO, the stock has been given a 'Strong Sell' call. It is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The finance/NBFC sector has also seen a decline of -2.2%.

In the past year, Delphi World Money has shown a negative performance of -19.82%, while the Sensex has seen a positive growth of 25.77%. This indicates that the company has not been able to keep up with the overall market performance.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of the company. As a microcap company in the finance industry, Delphi World Money's stock performance may be affected by various factors and investors are advised to do their own research before making any investment decisions.
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