Why is Delta Manufact. falling/rising?

Sep 29 2025 10:00 PM IST
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As of 29-Sep, Delta Manufacturing Ltd's stock price is Rs 80.99, down 1.64%, and has declined 6.55% over the last two days. The stock has underperformed the Sensex significantly, with a year-to-date drop of 25.59% compared to the Sensex's gain of 2.85%.
As of 29-Sep, Delta Manufacturing Ltd is experiencing a decline in its stock price, currently at Rs 80.99, which reflects a decrease of Rs 1.35 or 1.64%. The stock has underperformed its sector by 2.14% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 6.55% during this period. Additionally, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In terms of returns, the stock has seen a significant decline of 25.59% year-to-date and 16.98% over the past year, contrasting with the Sensex, which has gained 2.85% and lost only 6.08% respectively over the same periods. Notably, there is a rising investor participation with a delivery volume increase of 159.43% against the 5-day average, suggesting some interest despite the overall negative performance.

Broader Market Context: In the short term, Delta Manufacturing's performance has been notably worse than the benchmark Sensex, which has only declined by 2.18% over the past week compared to Delta's drop of 8.57%. This underperformance highlights the stock's struggles relative to the broader market, particularly as it has not only fallen in the short term but also underperformed over longer periods, such as the year-to-date and one-year returns. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts mentioned that could potentially reverse the current downward trend.
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