Delphi World Money Ltd Hits Lower Circuit Limit at Rs 218.03, Declines 10%
Delphi World Money Ltd, a microcap in the NBFC sector, faced significant trading activity as its stock hit the lower circuit limit, closing at Rs 218.03. The stock showed high volatility, with a notable increase in delivery volume, while the overall market environment remained challenging.
Delphi World Money Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, experienced significant trading activity today as its stock hit the lower circuit limit. The stock closed at Rs 218.03, reflecting a notable decline of Rs 24.23 or 10% from the previous trading session. This drop marks a stark underperformance compared to its sector, which saw a slight increase of 0.15%.During the trading day, Delphi World Money reached an intraday low of Rs 218.03, with a high of Rs 245. The stock exhibited high volatility, with an intraday volatility rate of 6.26%. The total traded volume amounted to approximately 0.5815 lakh shares, resulting in a turnover of Rs 1.34 crore.
Despite the challenging performance, the stock's delivery volume showed a significant increase, rising by 183.35% against the five-day average. The stock's liquidity remains adequate for trading, with a market cap of Rs 377 crore. Overall, Delphi World Money's performance today reflects a challenging market environment, characterized by substantial price fluctuations and a marked decline in value.
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