Delphi World Money Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Delphi World Money, a microcap finance company, has recently hit a 52-week low on June 3rd, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the company's performance.

The stock opened today with a gain of 4.45%, but has underperformed the sector by -4.61%. This is the second consecutive day of losses for Delphi World, with a decline of -5.15% in the past two days. The stock's intraday high was Rs 200.6, but it closed at a new low of Rs.188.25.

Delphi World is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price. The finance and NBFC sector, on the other hand, has seen a gain of 3.4%.

In the past year, Delphi World's stock performance has been -39.45%, while the Sensex has seen a growth of 21.66%. This significant difference in performance highlights the struggles faced by the company in the finance industry.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Delphi World Money. As a microcap company, Delphi World's stock may be more volatile and investors should do their own research before making any investment decisions.