Delta Manufacturing's Stock Performance Shows Volatility Amidst Recent Dip

Delta Manufacturing, a microcap company in the auto ancillary industry, has been in the news recently due to its stock performance. According to MarketsMOJO, the stock has been given a 'Sell' call, with the stock touching a price of 102.13 after reaching a high of 108.5. This puts the stock's performance today at -4.61% underperforming the sector.

In the past three days, the stock has been on a downward trend, losing -12.21% in returns. However, today the stock opened with a gain of 2.75%, showing some positive movement. The stock's intraday high was Rs 108.5, while the intraday low was Rs 99.28, indicating high volatility with an intraday volatility of 5.7%.

Despite the recent dip in stock price, Delta Manufacturing's moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages. However, it is lower than the 5 day moving average.

In comparison to the Sensex performance of 0.25%, Delta Manufacturing's 1 day performance is -3.29%. This news may be concerning for investors, but it is important to note that this is a fact-based report and does not include any external opinions or recommendations. As a microcap company, Delta Manufacturing's stock performance should be closely monitored by investors.