Delphi World Money Ltd Hits 52-Week Low, Labeled as 'Strong Sell' by MarketsMOJO

May 28 2024 09:36 AM IST
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Delphi World Money Ltd, a microcap finance company, has hit a 52-week low with its stock price dropping to Rs.198.15 on May 28, 2024. MarketsMojo has labeled it as a 'Strong Sell' due to its underwhelming performance, trading below its moving averages and a decline of -33.21% in the past year.

Delphi World Money Ltd, a microcap finance company, has recently hit a 52-week low with its stock price dropping to Rs.198.15 on May 28, 2024. This has been reflected in the stock call given by MarketsMOJO, which has labeled it as a 'Strong Sell'.

The company's performance today has been underwhelming, with it underperforming the sector by -5.91%. The stock touched an intraday low of Rs.198.15, a decrease of -5.55% from the previous day's closing price.

In addition, Delphi World is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

Over the past year, Delphi World Money Ltd has seen a decline of -33.21% in its stock price, while the Sensex has shown a growth of 20.71%. This further highlights the company's poor performance in the market.

As a microcap finance company, Delphi World Money Ltd may face challenges in the current economic climate. Investors should carefully consider their options before making any decisions regarding this stock.
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