Delta Corp . Stock Sees Significant Increase, Outperforms Sector and Market
Delta Corp, a smallcap hotel company, saw a 10.79% increase in its stock price on June 13, 2024. It has outperformed its sector by 5.12% and has been on a 7-day gain streak with a total return of 16.99%. However, MarketsMojo recommends selling the stock. It is currently above its moving averages but lower than its 200-day average. In comparison to the market, Delta Corp has shown strong performance but investors should consider all factors before investing.
Delta Corp ., a smallcap company in the hotel industry, has seen a significant increase in its stock price on June 13, 2024. The stock has gained 10.79% and has been performing well in the market. However, according to MarketsMOJO, the stock call for Delta Corp . is 'Sell'.
In terms of performance, Delta Corp . has outperformed its sector by 5.12% today. It has also been on a consecutive gain streak for the past 7 days, with a total return of 16.99% in that period. The stock also reached an intraday high of Rs 131.65, showing a growth of 8.4%.
When looking at the moving averages, Delta Corp . is currently higher than its 5-day, 20-day, 50-day, and 100-day moving averages. However, it is lower than its 200-day moving average.
In comparison to the overall market performance, Delta Corp . has shown a 1-day performance of 13.87%, while the Sensex has only seen a 0.27% increase. In the past month, Delta Corp . has also outperformed the Sensex with a 1-month performance of 18.92% compared to the Sensex's 5.55% increase.
Overall, Delta Corp . has shown strong performance in the market, but investors should take note of the 'Sell' recommendation from MarketsMOJO. It is important to carefully consider all factors before making any investment decisions.
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