Delphi World Money Ltd Hits Upper Circuit Limit Amid Strong Investor Interest in NBFC Sector

Delphi World Money Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 195.55, reflecting a significant change of Rs 32.59, or 20%, from its previous close. This impressive performance comes as the stock has outperformed its sector by 21.06% and has shown a remarkable consecutive gain over the last three days, accumulating a total return of 29.82% during this period.
The trading activity today was robust, with a total traded volume of approximately 2.19 lakh shares and a turnover of Rs 4.07 crore. The stock exhibited a wide trading range of Rs 33.56, indicating strong volatility and investor interest. Notably, Delphi World Money is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its performance metrics.

In summary, Delphi World Money Ltd's strong performance today, marked by its upper circuit limit achievement and substantial trading volume, underscores its current market position and investor engagement in the NBFC sector.