Delta Corp .'s Stock Sees 7.0% Increase on April 1st, Outperforms Sector and Sensex

Apr 01 2024 01:20 PM IST
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Delta Corp ., a smallcap company in the hotel industry, saw a 7.0% increase in its stock price on April 1st, 2024, in line with the sector's overall performance. Despite a 'Sell' rating from MarketsMojo, the stock showed a positive trend reversal after four days of falling. However, it is currently trading below its moving averages, suggesting a downward trend.

Delta Corp ., a smallcap company in the hotel industry, saw a 7.0% increase in its stock price on April 1st, 2024. This rise in stock price was in line with the overall performance of the sector, as the Hotels sector gained 2.33% on the same day.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for Delta Corp . is 'Sell'. However, the stock has shown a positive trend reversal after four consecutive days of falling, indicating a potential turnaround.

On April 1st, Delta Corp .'s stock reached an intraday high of Rs 118.55, a 7.14% increase from the previous day's closing price. However, the stock is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a downward trend.

In comparison to the overall market performance, Delta Corp .'s stock has outperformed the Sensex by 9.58% in the past day and underperformed by -12.49% in the past month. This indicates that the stock may be more volatile than the overall market.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative overview of Delta Corp .'s recent stock performance. Investors are advised to conduct their own research and analysis before making any investment decisions.
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