Delphi World Money Ltd Hits 52-Week Low, Receives 'Strong Sell' Rating
Delphi World Money Ltd, a microcap finance company, has hit a 52-week low on March 28, 2024. The stock has been underperforming the sector by -3.63% and has been on a downward trend for the past three days, with a -6.14% decrease in returns. It is currently trading below its moving averages and has been given a 'Strong Sell' rating by MarketsMojo. Investors should conduct their own research before making any decisions.
Delphi World Money Ltd, a microcap finance company, has recently hit a 52-week low on March 28, 2024. The stock has been underperforming the sector by -3.63% and has been on a downward trend for the past three days, with a -6.14% decrease in returns during this period.
Today, the stock reached a new low of Rs. 218.65, with an intraday high of Rs. 227.9 (2.15%). Delphi World is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.
According to MarketsMOJO, the stock has been given a 'Strong Sell' rating. This could be due to the company's recent performance, as its 1-year performance is -38.85% compared to the Sensex's 27.97% growth.
Delphi World Money Ltd operates in the finance/NBFC industry and is classified as a microcap company. While the stock may be facing challenges currently, it is important to note that this is not a recommendation to buy or sell. Investors should conduct their own research and make informed decisions. Stay updated on the latest market trends and company news to make the best investment choices.
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