Delta Manufacturing Faces Persistent Decline Amidst Market Volatility and Underperformance

Feb 18 2025 11:54 AM IST
share
Share Via
Delta Manufacturing, a microcap in the auto ancillary sector, has faced significant volatility, hitting a new 52-week low. The stock has declined 13.13% over three days and is trading below multiple moving averages. Over the past year, it has dropped 28.07%, contrasting with the Sensex's gains.
Delta Manufacturing, a microcap player in the auto ancillary industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 63.6. This decline marks a notable underperformance, as the stock has lagged behind its sector by 1.8%. Over the past three days, Delta Manufacturing has seen a consecutive fall, with a total decline of 13.13% during this period.

Today's trading session opened with a substantial gap down, reflecting a loss of 7.83%. The stock's intraday low of Rs. 63.6 underscores the challenges it faces in the current market environment. Furthermore, Delta Manufacturing is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.

In terms of longer-term performance, Delta Manufacturing has recorded a decline of 28.07% over the past year, contrasting sharply with the Sensex, which has gained 4.56% during the same timeframe. This performance highlights the ongoing struggles of the company within a competitive market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News