Delta Corp Receives 'Hold' Rating from MarketsMOJO, Showing Poor Performance and Low Confidence from Institutional Investors

Delta Corp, a smallcap company in the hotel industry, has recently received a 'Hold' rating from MarketsMOJO. This upgrade is based on the company's low Debt to Equity ratio, which is currently at 0 times. The stock is also showing a Mildly Bullish trend, with technical factors such as Bollinger Band and KST also being Bullish.
In terms of valuation, Delta Corp has a Very Attractive ROE of 8.1 and a 1.4 Price to Book Value. It is currently trading at a discount compared to its historical valuations. However, the stock has generated a negative return of -28.97% in the past year, with profits falling by -41.9%.

The company's long term growth has also been poor, with Net Sales growing at an annual rate of 1.44% and Operating profit at 6.81% over the last 5 years. In the most recent quarter, Delta Corp declared Very Negative results with a fall in Net Sales of -7.27%. The company has also declared negative results for the last 3 consecutive quarters, with PAT(Q) falling at -59.1% and NET SALES(Q) at its lowest at Rs 180.65 cr. The DEBTORS TURNOVER RATIO(HY) is also at its lowest at 98.44 times.

Institutional investors have also decreased their stake in Delta Corp by -0.58% over the previous quarter, holding only 10.26% of the company. This indicates a lack of confidence in the company's performance. In comparison, these investors have better capability and resources to analyze fundamentals of companies than most retail investors.

Overall, Delta Corp has shown below par performance in both the long term and near term, underperforming the BSE 500 index in the last 3 years, 1 year, and 3 months. With the recent 'Hold' rating from MarketsMOJO, investors may want to carefully consider their options before making any investment decisions regarding Delta Corp.